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Budget package of 12 billion dollars in the face of the impact of the health crisis


SEOUL (Reuters) – South Korea on Friday unveiled an additional 14 trillion won (about 10.37 billion euros) budget package aimed mainly at helping self-employed people and small businesses affected by the measures in force against the coronavirus. outbreak of coronavirus.

A large part of this budget will be used to compensate for the financial losses suffered by small business owners as a result of the prolonged health restrictions, the finance minister said.

The government will also finance the purchase of antiviral treatments against COVID-19 for 400,000 people and install 25,000 additional hospital beds.

With the new budget package, which will be submitted for parliamentary approval on Monday, Soul will raise government spending to a record 621.7 trillion won this year, on top of the already approved budget of 607.7 trillion won.

(Report Joori Roh; French version Jean Terzian)



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