Free Trial

Per Yonhap, "The government approved....>

SOUTH KOREA
- Bonds & Currency News | Market News" >
SOUTH KOREA: Per Yonhap, "The government approved details in a Cabinet meeting
Friday to allocate a 12.2 trillion-won (US$10 billion) extra budget to fund
emergency handouts for households over the new coronavirus. The move is a
follow-up to the National Assembly's passage of the supplementary budget
designed to provide emergency aid to all households to help them cope with the
economic impact of COVID-19. At a provisional Cabinet meeting, Prime Minister
Chung Sye-kyun ordered government officials to take steps for the swift
provision of the money to people."
- Bonds & Currency News | Market News" >
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.