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President Moon says emergency relief payments have lifted
Published : 26-05-2020 - Duration : 01:59 - View : 19
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문 대통령 "소비 진작 현실화"…재난지원금 효과 강조
President Moon Jae-in says he is pleased that the emergency relief payments have been able to comfort and support South Korean households.
In a Cabinet meeting today, Moon said both spending and donating the payments was helping the economy.
Kim Min-ji reports.
President Moon Jae-in highlighted the positive impact of the unprecedented cash handouts to all households in South Korea, saying that they've been able to lift consumption.
Speaking at a Cabinet meeting on Tuesday,... Moon thanked the people for actively spending the money,... adding that it's helped the economy.
It has given practical help to mom and pop stores. The disaster relief money has led to consumption, which has slowed the decline in sales of small businesses, while credit card sales have recovered to last year's level.
Perhaps a reflection of that,... consu
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