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2005, 2020

[20th May] Ministry of Economy & Finance: Press Release Action Plans for 550,000 Job Creation in Public Sector, part of the 1.56 Million  Job Creation Project announced last week. Revive Tourism How to Manage 40 Trillion Won Key Industry Relief Package Plans to Purchase Corporate Debt Through an SPV

605, 2020

[6th May 2020] Financial Services Commission Press Release: Key Industries in Bailout Fund. Airline, Maritime Shipping, Machinery, Automobile, Shipbuilding, Electric Power, Communications Industries.

2704, 2020

[MOEF 27 April 2020] Ministerial Meeting on International Economic Affairs

27th April 2020 Ministry of Economy & Finance Government to Work on New International Cooperation Amid COVID 19 Pandemic 1) Support exporters: Expand export financing and work on difficulties exporters are faced with. 2) New international cooperation amid the pandemic: Share the country’s COVID-19 prevention and treatment programs and help developing countries. 3) Improve bilateral cooperation: with Japan and the administration’s New South and New North policies with China, Vietnam, and Russia.

2204, 2020

[MOEF 22 April 2020] 5th Emergency Economic Council Meeting

22nd April 2020 Ministry of Economy and Finance 5TH EMERGENCY ECONOMIC COUNCIL MEETING Wage Subsidies for small businesses and enterprises, and Programs for the unemployed, and Liquidity injection for cash-strapped companies and key industries.

804, 2020

[MOEF 08 April 2020] 4th Emergency Council Meeting

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