The government announced that it will implement the'advance payment check' procedure for support funds for the underprivileged, small business owners, and households with child-rearing burdens included in the 4th supplementary budget.
Kim Yong-beom, the first vice minister of the Ministry of Strategy and Finance, held an innovation growth strategy inspection meeting and inflation relations vice minister meeting at the government's Seoul government office on the 11th, and said, "The screening criteria have been simplified so that subsidies can be quickly paid, and the'pre-payment/post-check' procedure I will introduce it."
In addition, he explained, "People who are eligible for pre-selected expedited payment can apply on the online site without any separate documents, and will be paid through financial institutions such as banks and card companies."
Deputy Minister Kim emphasized, "We will make every effort to prepare in advance with the goal of starting payments for major projects such as support for the underprivileged and small business owners where the damage is concentrated."