[경제]4th Disaster Subsidy Super Extra 20 trillion +α… Increased national debt burden

[앵커]

As the 4th disaster support payment has been officially made, the formation of a’super supplementary budget’ exceeding 20 trillion won is inevitable.

As a result, the burden of national debt is expected to increase further, with KRW 1,000 trillion in front.

Reporter Oh In-seok on the report.

[기자]

As the party government officially announced the 4th Disaster Subsidies Payment, the additional supplementary administration for the first quarter of this year, following last year, is becoming a reality.

This is the first time since the financial crisis in the IMF when the supplementary supplement for the first quarter is organized for two consecutive years.

Deputy Prime Minister Hong Nam-ki said it is possible to discuss the formation of an additional budget starting next month.

First of all, it is a position that we will focus on the 3rd subsidy payment to support self-employed and small business owners, and start organizing additional budgets after the execution of the related budget is completed.

For the 4th disaster support payment, it seems inevitable to organize a super supplement of over 20 trillion won.

If customized support to help small business owners, etc. and universal payment for the whole country are combined, it is expected to reach 20 trillion won or more.

As the damage accumulates due to the prolonged corona 19, there is also a forecast that it could exceed 35.3 trillion won in the third supplementary budget organized in the largest ever last year.

The problem is financial resources, and large-scale government bond issuance is expected to be inevitable.

Since the 3rd subsidy payments and vaccine purchases have left only 2 trillion won in reserve, the deficit government bonds have no choice but to cover it.

If a deficit government bond is issued by 20 trillion won, the national debt will rise to 976 trillion won, and the ratio of national debt to GDP will rise to 48.3%.

Concerns about deteriorating fiscal soundness inevitably increase.

In addition, until mass immunity is formed by vaccination, Corona 19 may continue and additional supplementary administration may need to be organized, which is deepening the concerns of the financial authorities.

YTN Oh Inseok[[email protected]]is.

[저작권자(c) YTN & YTN plus 무단전재 및 재배포 금지]

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