8th April 2020
Ministry of Economy and Finance
GOVERNMENT TO FRONTLOAD PUBLIC SECTOR INVESTMENT
Public sector investment and purchases
- Make early purchases and prepayment worth around 2.1 trillion won for cash-strapped businesses.
- Frontload construction investments worth 1.2 trillion won.
- Temporarily relax government procurement rules.
Support to boost private sector spending: 12.4 trillion won worth of tax support and 2 trillion
won worth of debt purchases