Home » today » News » 4th disaster support fund 19.5 trillion… Target 2 million increase

4th disaster support fund 19.5 trillion… Target 2 million increase

In addition, about 2 million people including the Democratic Party, the government, and the Blue House, corporate taxi drivers, street vendors, college students whose parents have closed or lost their jobs, freelancers, special employment types (special high schools) and caring service workers, will be newly included in the 4th Disaster Subsidy Payment Target 28 Day final decision. The 4th subsidy is expected to reach a total of 19 trillion won, adding up to 15 trillion won for the first additional revised budget (additional) this year, and 4.5 trillion won for the’customized damage support measures’ among the expenditures already organized in this budget this year. to be.

Including street vendors, college students who lost their parents’ jobs, etc.
Party government decides additional 15 trillion won + 4.5 trillion won
“Submission of supplementary bills on the 4th, payment from the end of March”

– The Democratic Party, ahead of the 4·7 re-election, has insisted on “wider, thicker, and faster” (Democratic Party Representative Lee Nak-yeon), and finally confirmed the largest payment plan ever.

Representative Lee Nak-yeon said at the high-ranking party-political council held at the National Assembly that day, “2 million newly entered targets have been added among those who have not been supported so far.” This means that the fourth subsidy will be given to about 4.8 million people, which is more than the last 3rd subsidy recipients (2.8 million).

In-house representative Kim Tae-nyeon said, “We include companies with five or more full-time workers, and we have raised the sales limit for general industries. New founders are also included in the application.” Among small business owners and self-employed, the standard of sales in general industries, which was’less than 400 million won per year’, has been raised to 1 billion won, and the standard of’less than 5 employees’ is also broken. While raising the cost of support per person, which was up to 3 million won, it decided to provide differential payments by subdividing the support section from three to five.

Democratic Party spokesman Huh Young met with reporters shortly after the meeting and announced that “as part of easing the burden of utility bills for small businesses subject to government quarantine regulations, we have decided to reduce electricity bills by 50% for businesses that are prohibited from collectively and 30% in those that are restricted from collectively.” . He also added that “street vendors managed by local governments pay 500,000 won of income stabilization support fund per business without separate screening on the premise of business registration.”

On this day, the party government decided to provide a temporary livelihood subsidy of 500,000 won by grouping the street vendors outside the system as’temporary daily workers and other marginalized workers’.

Jeong Sye-gyun “This is the addition of Lee Nak-yeon-pyo” The opposition party “Use Narat money for the election”

“In consideration of the regional characteristics of each local government, it was decided to actively discover the target audience and to quickly support as many people as possible through a simple screening process” (Spokesperson Huh), but the government said that it was difficult to the last minute because it was unclear to pay the right place .

“If the supplementary bill is submitted to the National Assembly, we will promptly review it so that the subsidy will be paid at the end of March,” said Won Nae Kim. “The government will thoroughly prepare for the March payment of the 4th subsidy through the experience of distributing disaster subsidies for the past three times.” did.

The party government agreed on a schedule of’decision at the State Council on the 2nd → submission to the National Assembly on the 4th → processing of the plenary session on the 18th’ regarding the supplementary administration on this day.

In the case of the second subsidy last year, the government paid it a week after the National Assembly passed (September 22) (September 29). So again, there is an observation that the actual payment start time is likely to be around March 25th. In this case, the largest disaster support fund ever released will be released on the market at the start of the official election campaign for the 4·7 re-evaluation (March 25).

Prime Minister Jeong Sye-gyun said before the start of the meeting, “this is the addition of Lee Nak-yeon-pyo,” and “we (government) agreed to push (press) with great enthusiasm.” In addition to the customized support passed on that day, the Democratic Party is pushing for a separate payment of disaster support for the whole people, called “consumption support”. On the 19th, President Moon Jae-in ordered a “review of the payment of subsidies for people’s morale efforts”, saying, “Let’s make all the people do their best”.

On the day, spokesman Yoon Hee-seok said, “Unfortunately, the 4th disaster support fund is paid 9 days before the by-election. The former ruling party’s policy committee chairman said, “The first disaster subsidy is for elections,” he said. “We must stop the government and ruling party from cheating on using Narat money for elections.”

Experts are concerned that most of the 4th subsidy, which far exceeds the 3rd subsidy (9.3 trillion won), should be covered by the issuance of deficit government bonds.

Professor Kim Young-ik (economics) of Sogang University said, “It is inevitable to expand the financial role, but instead of providing short-term consumption support that gives tens and millions of won right away, we have to think about a plan for fiscal input that looks forward to the future.” You can step on the trains of the past, where you can’t save,” he pointed out.

Reporters Saerom Sim and Seunghwan Song [email protected]



Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.