Gist of proposed 3rd extra budget
SEJONG, June 3 (Yonhap) -- The following is the gist of the 35.3 trillion-won (US$29 billion) extra budget that was unveiled by the Ministry of Economy and Finance on Wednesday.
Some 11.4 trillion won eyed to make up tax-revenue shortfalls
Some 11.3 trillion won earmarked to revive economic growth
-- 3.7 trillion won will be used to boost consumption
-- 5.1 trillion won will be used for Korean version of the New Deal
-- 2.5 trillion won will be used to help companies export containment devices
-- to expand nationwide fifth-generation telecom networks
-- to install renewable energy equipment at public places
Some 9.4 trillion won earmarked for social safety nets
-- 8.9 trillion won will be used to strengthen employment safety nets
-- to create more than 550,000 jobs
-- 500 billion won will be used for low-income households
Some 5 trillion won set aside to deal with the economic slowdown
-- 1.9 trillion will be used to help small and medium-sized merchants hit by the pandemic
-- 3.1 trillion won will be used to provide liquidity to key industries
(END)
-
BTS enters Billboard Hot 100 with new Japanese single
-
BTS member Jimin's 'hanbok' suit up for auction
-
'Dynamite' becomes 3rd BTS video to top 1 bln views
-
S. Korea, U.S. authorities assess N.K. has completed building new 3,000-ton submarine: sources
-
'Fake Love' becomes 4th BTS video to top 900 mln views
-
(Yonhap Feature) How young voters, once solid supporters of liberal causes, turned against Moon's party in by-elections
-
From Rose to Baekhyun, K-pop group idols also shine as solo acts
-
Moon takes election rout as 'reprimand' from the public, Cheong Wa Dae says
-
Boy band TXT to perform on Ellen DeGeneres show in latest global push
-
BTS to stream concerts in weekend Bang Bang Con event
-
BTS member Jimin's 'hanbok' suit up for auction
-
BTS enters Billboard Hot 100 with new Japanese single
-
Sex doll experience cafe condemned by residents in Yongin
-
DP's three-term lawmakers pledge 'bone-cutting' reform after election defeats
-
(LEAD) New virus cases back over 700 as fourth wave of pandemic looms