[Anchor]
Prices are also fluctuating ahead of the Lunar New Year amid sluggish domestic demand.
Acting President Choi Sang-mok announced that he would spend up to KRW 9 billion in discount support for the Lunar New Year, and quickly inject KRW 358 trillion in the first half of the year by combining central and local governments.
I'll listen to it myself.
[Choi Sang-mok / Acting President: Consumer prices are expected to be around 1.8% annually this year, but some agricultural prices are still high, and inflationary pressures are high at the beginning of the year due to demand for high-quality goods and base effects following the early Lunar New Year. In response, the government will supply 2.65 million tons of holy goods and invest a record 90 billion won in government discount support to stabilize prices by 50 percent. We will provide 39 trillion won in holiday funds to small and medium-sized enterprises and small business owners and support various public welfare projects as quickly as possible before the Lunar New Year. In order for domestic demand to be activated as soon as possible, the public sector will work together to promote rapid fiscal execution at an unprecedented scale and speed. The government, local governments, and local education offices all set the highest level of rapid execution targets ever.... In particular, projects related to people's livelihoods and economic revitalization of 85 trillion won will be executed at 70% in the first half and 40% in the first quarter.]
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]