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S. Korea considers supplementary budget to mitigate economic impact of outbreak Updated: 2020-02-24 13:25:23 KST

The South Korean government is reviewing all options to minimize the economic impact of the coronavirus outbreak.
Vice Finance Minister Kim Yong-beom told reporters on Monday that his ministry will provide all possible financial support including a supplementary budget.
Pointing out the Korean currency's rapid depreciation in recent weeks, Kim also said the government will take action if that continues.
Meanwhile, the country's trade ministry is helping local businesses hurt by the epidemic, both at home and abroad.
Over 4-hundred cases of problems caused by the virus have been reported such as difficulties securing masks and quarantine supplies.
The trade ministry has solved almost half of those cases by allowing extended working hours, securing international import routes other than China and speeding up customs processes.
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