The South Korean government planned to submit an extra budget bill to the parliament later this week to support the COVID-19 pandemic-hit microbusiness owners, the finance minister said Wednesday.
Minister of Economy and Finance Choo Kyung-ho said in his first consultative meeting with the ruling People Power Party (PPP) that the government drew up the supplementary budget bill to heavily compensate the small merchants and the self-employed, who suffered a lot amid the pandemic.
Choo said the bill was scheduled to be endorsed in the Cabinet meeting on Thursday and submitted to the National Assembly on Friday.—Xinhua
