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transition committee has decided to include a plan to compensate for 100% of the damage to the self-employed and small business owners in the supplementary budget to be submitted immediately after the new government is inaugurated.

We plan to compensate for all the losses from February 2020, when the corona started to July last year, and also pay the existing quarantine subsidies.

For more details, reporter Jo Yoon-ha will tell you.


First, the transition committee decided to include in the second supplementary budget a plan to compensate 100% of the loss to the self-employed and small business owners who suffered economic losses due to a decrease in sales due to COVID-19.

Currently, only 90% of the loss is compensated, but the plan is to increase the amount by 10% to compensate all losses within the limit of KRW 100 million.

[Yoon Seok-yeol/President-elect (last March): Who supports whom with national tax?

The loss should be compensated for the self-employed and small business owners who inflicted losses due to the false quarantine policy.]

The compensation period has also been amended to compensate for losses incurred retroactively from February 2020 to July last year, when the corona outbreak occurred.

In addition to 100% loss compensation, we plan to implement the existing quarantine support policy in parallel.

As promised by Yoon Seok-yeol, we decided to pay an additional 6 million won in addition to the 4 million won in the first and second subsidies.

To compensate for the blind spots, we plan to separately pay 1 million won to transportation workers such as corporate taxis and chartered bus drivers who are not included in the subsidy because they are not small business owners and self-employed people.

An official from the transition committee said, "The size of the second supplementary budget, which will include 100% loss compensation plan and additional support of 6 million won, will be about 30 trillion won."

The plan is to prepare an additional budget plan at the transition committee and submit it to the National Assembly right after the new government is launched on the 10th of next month. looks like it could be.

(Video coverage: Cho Chun-dong, video editing: Park Jeong-sam)