US EditionLee Jae-myung Administration’s Stimulus Package
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Lee Jae-myung Administration’s Stimulus Package
Photo: Interior Ministry holds a hearing for consumption coupons. Credit: Ministry of Interior and Safety.One of the new administration’s biggest priorities has been an economic stimulus package, to provide a lifeline for South Korea’s flagging domestic consumption. On June 19, the Ministry of Strategy and Finance 기획재정부 announced a new supplemental budget, which includes KRW 13.2t (USD 9.7b) in “consumption coupons 소비쿠폰.”Starting in July, the go…
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