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South Korea Unveils $12bn Budget To Cushion Blow Of COVID Curbs
MP3•Episode home
Manage episode 318175790 series 2902121
Content provided by Africa Business Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Africa Business Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
South Korea unveiled a 14 trillion won supplementary budget on Friday to support the self-employed and small businesses that have taken a heavy hit from extended COVID-19 curbs.
The finance ministry says some 11.5 trillion won will be used to help small business owners and compensate their losses caused by the extension of virus-related measures.
Another 1.5 trillion won is earmarked to secure COVID-19 treatment pills for 400,000 people and 25,000 hospital beds.
The other 1 trillion won will be used as contingency reserves should the Omicron coronavirus variant spread further and require more support.
…
continue reading
The finance ministry says some 11.5 trillion won will be used to help small business owners and compensate their losses caused by the extension of virus-related measures.
Another 1.5 trillion won is earmarked to secure COVID-19 treatment pills for 400,000 people and 25,000 hospital beds.
The other 1 trillion won will be used as contingency reserves should the Omicron coronavirus variant spread further and require more support.
1000 episodes
MP3•Episode home
Manage episode 318175790 series 2902121
Content provided by Africa Business Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Africa Business Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
South Korea unveiled a 14 trillion won supplementary budget on Friday to support the self-employed and small businesses that have taken a heavy hit from extended COVID-19 curbs.
The finance ministry says some 11.5 trillion won will be used to help small business owners and compensate their losses caused by the extension of virus-related measures.
Another 1.5 trillion won is earmarked to secure COVID-19 treatment pills for 400,000 people and 25,000 hospital beds.
The other 1 trillion won will be used as contingency reserves should the Omicron coronavirus variant spread further and require more support.
…
continue reading
The finance ministry says some 11.5 trillion won will be used to help small business owners and compensate their losses caused by the extension of virus-related measures.
Another 1.5 trillion won is earmarked to secure COVID-19 treatment pills for 400,000 people and 25,000 hospital beds.
The other 1 trillion won will be used as contingency reserves should the Omicron coronavirus variant spread further and require more support.
1000 episodes
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