<Anchor>

Let's get a little more clear up with what we've told so far, reporter Minha Park.

Q. Why did the opposition agency turn in favor?

[Park Min-ha / Head of Economic Policy Team: Deputy Prime Minister Hong Nam-ki said, “It is a difficult option to choose when considering financial conditions.” “It is pointed out that it can be a policy to solve money without using it.” It has revealed a highly circumventing opposition. Even though it is a small city-state, Hong Kong and Macau have agreed to pay the same amount to the entire population, and the United States has decided to give US $ 1,200 per adult and US $ 500 per child, excluding high-income families. We have only 7% of the measures taken so far, as the leading countries are putting in more than 10% of GDP and up to 30% of measures to boost the economy. So, of course, we are not a key currency like the United States, and there are many different circumstances, but it seems to have been difficult for the government to stay still.]

Q. Can you announce the 70% standard?

[Park Min-ha / Head of Economic Policy Team: What I saw earlier, but what is the bottom 70% of income standard? As you can see, if you do something like earned income or business income, you will have to take into account the property because the fairness of equity is almost unclear. It won't take long, of course, but the government says it should actually create a new bottom 70% of income. They also said that they would give it in local gift certificates or electronic money. Whether it is three months, until the end of the year, or is there no deadline, there is no set. Only the position of whether or not to give the local government some autonomy has emerged. So it seems difficult to deny that the announcement was made without elaborating the policy of 70% of the people.]

Q. Is it enough to pay for disaster assistance?

[Park Min-Ha / Chief of Economic Policy Team: Sudden stop due to the epidemic, it can be seen that the global economic activity has virtually stopped. Economists at home and abroad are advising, "Rapidly, even if overlapped, do not worry about side effects, do anything." That is why our government should continue to take measures. This will help vulnerable groups who are in great trouble right now.

However, the government is not confident about the effect of promoting consumption. If the amount of this support is about 10 trillion, it will be about 0.5% of the nominal GDP. No one knows how deeply and how long this crisis will hurt our economy. You may need more ammunition to use later. Since this measure is basically a screening support, there is no choice but to create equity fertilization and blind spots, and minimizing it will be a way to increase the effectiveness of this measure.]