Government Ministries' Work Report on the 17th... "Thank You to Jeonju City for Voluntary Commercial Rent Reduction Campaign"
[Asia Economy Reporter Ryu Jeong-min] On the afternoon of the 17th, President Moon Jae-in stated at the Ministry of Strategy and Finance, Ministry of Trade, Industry and Energy, Ministry of SMEs and Startups, and Financial Services Commission briefing held at the Blue House, "The most practical difficulty for self-employed business owners such as tourism companies, traditional markets, and restaurants, whose sales have declined due to reduced consumption, is the store rent."
President Moon said, "Currently, in some areas including Jeonju City, a voluntary movement by building owners to reduce commercial rent is emerging to overcome the damage caused by COVID-19 together," adding, "I deeply appreciate the Good Landlord Movement and sincerely hope that along with strong government-wide support, efforts for mutual growth between commercial landlords and tenants will also be actively carried out."
President Moon urged, "I hope the public will respond with active consumption promotion."
He emphasized, "Policies for innovative growth, an unshakable industrial powerhouse, digital economy, and innovative finance have been well prepared," adding, "What is even more important is implementation."
President Moon stated, "The ministry briefings are not for reporting to the president but for reporting to the people and pledging to implement," and said, "I hope you will do your best until the end to ensure that the prepared policy measures are well implemented and the goals are definitely achieved."
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