Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance explained to the government today (20th) that the ruling party demanded to expand the payment targets to 'all citizens', as much as possible to maintain this standard in the National Assembly. "Please try to persuade me."

Deputy Prime Minister Hong spoke to the attendees of the meeting, including the 1st and 2nd vice ministers, the 1st level, and the director, at an extended executive meeting held this morning at a videoconference between the Seoul Metropolitan Government and the Sejong Government Complex.

He said, "Please prepare thoroughly for the deliberation of the National Assembly that will begin this week (secondary supplementary plan)." Especially, 70% of the emergency disaster support payment criteria (low income) is a matter decided by comprehensive review of the need, effectiveness, equity, and constraints. Please try to persuade as much as possible to ensure that the standards are maintained. "

In particular, he said, "Financial authorities are not unconditionally saving money, and we need to proactively support areas that require financial roles in an unprecedented crisis." I have to go out. "

Next, in the situation where the global economic growth rate is expected to be negative due to the Corona 19 crisis and the Korean economy cannot be avoided, it is unpredictable how and how long the impact of the Corona 19 ripple will occur in the future. Accordingly, it is necessary to accumulate even a little bit of the capacity to issue government bonds. "

Deputy Prime Minister Hong announced the establishment of the 'economic policy direction' in the second half of the year, which includes the forecast of the growth rate of Korea's economy, earlier this year than before, and ordered that additional measures for Corona 19 be prepared by the end of May.

"There is a saying in Wall Street that 'it is worse than bad news is uncertainty,'" he said. "In terms of realizing economic defense, we have strengthened the system for counter-government countermeasures. "Get ready for the month and announce it."

In addition, he instructed, "Promote additional measures against the impact of Corona 19's economic ripples in connection with the establishment of the economic policy direction in the second half of the year to speed up until the end of May."

In addition, the importance of the 'Post Corona 19 Countermeasures' was emphasized, and the Ministry of Economic Affairs requested that the government prepare for countermeasures.

"We should use the success and experience of the Korean defense model as a momentum so that it can be used as a momentum for regulatory reform for the future growth engines, such as new industries, and for the non-contact industry," said Hong.

To this end, the Ministry of Information and Technology organized the 'Post Corona 19 Response Task Force (TF)' and instructed the Ministry of Economic Affairs to prepare a comprehensive post-corona countermeasure for the economy.

"After the trend of employment in March last week, the gross domestic product (GDP) growth rate is expected to be announced in the first quarter of this week, and it is highly likely that the real economy will be affected by the corona 19 incident." From now on, economic protection should be in earnest, ”he said.

(Photo = Ministry of Strategy and Finance, Yonhap News)