On the 8th, Hong Nam-ki, Deputy Prime Minister and Minister of Strategy and Finance, said on the 8th, "In accordance with the standards already announced, we plan to prepare an additional revision budget (subsidized) and submit it to the National Assembly next week."

In a briefing held at the 4th emergency economic meeting hosted by President Moon Jae-in today, Deputy Prime Minister Hong said, "We have already decided on the criteria for supporting the urgency, equitable equity, and financial resources."

Earlier, the government announced it would pay emergency disaster relief funds to the bottom 70% of households.

Controversy over payment standards has since been argued to expand the scope of payments from the opposition parties to the entire nation.

However, Deputy Prime Minister Hong dismissed the proposal, saying, "There was no discussion of emergency disaster funding at the meeting today."

He emphasized that he said, "I would like to say once again that I am planning to cover the entire expenditure restructuring without issuing additional government bonds as promised."

(Photo = Yonhap News)