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At today's meeting (24th), there were additional measures to save the self-employed businessmen, businesses, and financial markets that are experiencing financial difficulties. The government has decided to urgently support 100 trillion won, including what was announced last week.

Reporter Hee-won Je will explain in detail where it is used.

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The focus of this measure is that in the face of this crisis, which is difficult to measure width and intensity, corporate bankruptcy must be prevented to protect jobs.

First of all, we increased the loan and guarantee support for self-employed and small and medium-sized enterprises to 29 trillion won.

When the sum of the aid announced at the first emergency economic meeting is combined, the amount will increase to 52 trillion won.

Mid-sized companies and large corporations were also included in the target for the funding.

[Eun Sung-soo / Finance Chairperson: Is self-help effort self-help? Not to this extent, but to the extent that the people are convinced, then that they will try in the market… ]

It means that we will prevent falling of the main industry due to temporary lack of liquidity.

In the money market, where money is not turned away due to credit risk aversion, 48 trillion won is invested.

First, we decided to create a 20 trillion won bond market stabilization fund to buy corporate bonds as well as corporate bills and financial bonds.

We decided to operate 10 trillion won first and then create the remaining 10 trillion won.

For mid-sized and large companies that have difficulty repaying corporate bonds, if the company pays back 20%, the Industrial Bank takes over the remaining 80%.

7 trillion won is also invested in the short-term funding market, such as corporate papers showing signs of infarction.

In order to deal with stock market anxiety, we decided to create a stable fund of 10 trillion and 700 billion won and start operation next month.

In order to broaden the market's demand base, it is also planning to allow equity investments in ISA, that is, personal integrated asset management accounts.

(Video coverage: Sunghwa Jung, Video editing: Hojin Kim)

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