South Korea may consider supplementary budget to head off virus impact


  • World
  • Monday, 24 Feb 2020

FILE PHOTO: South Korean President Moon Jae-in speaks during his New Year press conference at the presidential Blue House in Seoul, South Korea, January 14, 2020. REUTERS/Kim Hong-Ji/Pool

SEOUL (Reuters) - South Korean President Moon Jae-in on Monday said the government should start reviewing whether a supplementary budget should be drawn up to head off the impact of the coronavirus outbreak on Asia's fourth-largest economy.

"In addition to swiftly deploying the emergency fund set aside, (the government) should review drafting up of a supplementary budget after coordinating it with the parliament," Moon said in a meeting with chief aides and medical experts.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Stabbed Sydney Assyrian bishop says recovering quickly, forgives attacker
Croatian ruling party wins election without majority
Prince William returns to public duties after wife Kate's cancer revelation
U.S. stocks retreat on little progress in fighting inflation
Roundup: U.S. crude supplies up, other petroleum data mixed
U.S. oil imports, exports up last week
U.S. crude oil production unchanged last week
Feature: Growing translation efforts fuel popularity of Chinese literature in T�rkiye
UNHCR provides medical assistance to healthcare centers in Libya
'We will teach by candlelight': Argentine students and teachers protest Milei budget cuts

Others Also Read