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Nat'l Assembly passes US$9.4 billion extra budget to cope with COVID-19 Updated: 2020-03-18 13:19:12 KST

South Korea's National Assembly has passed a multi-billion dollar extra budget bill aimed at coping with the coronavirus outbreak.
After a marathon debate over the total amount, rival party lawmakers on Tuesday night approved the government's initial proposal of 9.4 billion U.S. dollars.
While the total remains the same as the government's initial proposal, lawmakers agreed redistribute some 2.4 billion dollars from areas indirectly related to COVID-19, and use them to further support areas desperate for aid.
Of the re-distributed funds, nearly 840 million dollars will be added to the budget for the hardest-hit Daegu and Gyeongsangbuk-do areas.
The remaining amount will be added to the budget to support the self-employed and small business owners.
KOGL : Korea Open Government License
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