Cheong "Tomorrow, Emergency Comprehensive Livelihood and Economic Measures to Overcome COVID-19 to be Discussed" (Comprehensive)

On the morning of the 10th, the 8th Emergency Economic Meeting at Cheongwadae... "The 4th Supplementary Budget Plan will be finalized at tomorrow's Cabinet Meeting"

[Asia Economy Reporter Ryu Jeong-min] On the morning of the 10th, the Blue House announced that the government, the Blue House, and the ruling party will gather in one place to hold an emergency comprehensive livelihood and economic measures meeting to overcome the 'novel coronavirus infection (COVID-19)'.

Im Se-eun, deputy spokesperson of the Blue House, said at a briefing at the Chuncheon Press Center on the afternoon of the 9th, "President Moon Jae-in will hold the 8th Emergency Economic Meeting at the Blue House at 10:30 a.m. tomorrow," adding, "Tomorrow's meeting will be an emergency comprehensive livelihood and economic measures meeting where the government, the Blue House, and the party gather in one place to focus on discussing urgent comprehensive livelihood and economic measures to overcome COVID-19."

In particular, Deputy Spokesperson Im emphasized, "This will be a gathering to consolidate the government's will to mobilize all available means to stabilize livelihoods and restore the economy in response to the economic difficulties faced by the people due to the re-spread of COVID-19."

The view of Cheongwadae from Namsan, Seoul on the 11th. Photo by Hyunmin Kim kimhyun81@

At the meeting, the government will be represented by the Deputy Prime Minister for Economy, Deputy Prime Minister for Social Affairs, Minister of Health and Welfare, Minister of Employment and Labor, Minister of SMEs and Startups, and Minister of Science and ICT. The ruling party's leader, floor leader, policy committee chairman, and chairman of the National Assembly's Budget and Accounts Committee will also attend. From the Blue House, the Chief of Staff, Director of Policy, Senior Secretary for Political Affairs, Senior Secretary for Jobs, Senior Secretary for Economy, and Senior Secretary for Social Affairs will participate.

Deputy Spokesperson Im explained, "Regarding the customized emergency disaster relief package, the 4th supplementary budget and livelihood stabilization measures for Chuseok will be the main contents," adding, "Packages for quarantine and economic stimulus will also be discussed."

Deputy Spokesperson Im stated, "The 4th supplementary budget proposal and other matters discussed at the Emergency Economic Meeting will be finalized at the Cabinet meeting tomorrow."

Deputy Spokesperson Im conveyed, "The government intends to communicate closely with the National Assembly to ensure that on-site support can begin as quickly as possible before the Chuseok holiday. The details decided at the Emergency Economic Meeting will be announced in detail by the Deputy Prime Minister for Economy at a joint briefing with related ministries at 4 p.m. tomorrow."