Korean government to draw up supplementary budget in April
- 5 years ago
The South Korean government is seeking to draw up a supplementary budget this month.
uring a meeting between the ruling Democratic Party, government and presidential office on Tuesday,... the three sides agreed on the need for the extra budget to address fine-dust pollution and provide support to the city of Pohang that was hit by an earthquake in 2017.
It would be the third extra budget of the Moon administration.
The government says it'll do all it can pre-emptively,... adding it will consider extending the designation of "industrial crisis zones."
Last year, several cities were designated as crisis zones,... making them eligible for subsidies, like cheap loans and financial support.
The ruling party also vowed to swiftly pass bills related to economic revitalization.
uring a meeting between the ruling Democratic Party, government and presidential office on Tuesday,... the three sides agreed on the need for the extra budget to address fine-dust pollution and provide support to the city of Pohang that was hit by an earthquake in 2017.
It would be the third extra budget of the Moon administration.
The government says it'll do all it can pre-emptively,... adding it will consider extending the designation of "industrial crisis zones."
Last year, several cities were designated as crisis zones,... making them eligible for subsidies, like cheap loans and financial support.
The ruling party also vowed to swiftly pass bills related to economic revitalization.