S.Korea sets US$8.5bil package to fight new coronavirus wave


Workers wearing protective gear disinfect an arrival gate as an electronic board shows arrivals' information amid the Covid-19 pandemic at the Incheon International Airport in Incheon, South Korea, on Dec 28, 2020.- Reuters

SEOUL (Reuters): South Korea unveiled a fresh 9.3 trillion won (US$8.49 billion) package on Tuesday (Dec 29) to support small businesses hit by a third wave of coronavirus and those vulnerable to unemployment due to the outbreak.

Of the total package, 5.6 trillion won will be used to fund cash handouts to coronavirus-struck small businesses, temporary or freelance workers and taxi drivers affected by the prolonged pandemic, the finance ministry said.

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South Korea , covid-19 , budget

   

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