Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Contentious grain bill put directly to plenary meeting for vote

    Contentious grain bill put directly to plenary meeting for vote
  2. 2

    Yoon's approval rating plunges to all-time low

    Yoon's approval rating plunges to all-time low
  3. 3

    Will tug-of-war between doctors, government end soon?

    Will tug-of-war between doctors, government end soon?
  4. 4

    Climate impacts set to cut 2050 global GDP by nearly a fifth

    Climate impacts set to cut 2050 global GDP by nearly a fifth
  5. 5

    Trilateral talks acknowledge ‘serious’ slumps of won, yen

    Trilateral talks acknowledge ‘serious’ slumps of won, yen
  1. 6

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
  2. 7

    North Korea removes streetlights along cross-border roads with South

    North Korea removes streetlights along cross-border roads with South
  3. 8

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
  4. 9

    Farming households dip below 1m for first time in 2023

    Farming households dip below 1m for first time in 2023
  5. 10

    S. Korea votes in favor of Palestinian bid for UN membership

    S. Korea votes in favor of Palestinian bid for UN membership
소아쌤

Yoon govt. to hold 1st policy consultative meeting with ruling party this week: official

By Yonhap

Published : May 10, 2022 - 10:11

    • Link copied

President Yoon Suk-yeol receives a briefing from the military in the underground bunker of the new presidential office in Yongsan, Seoul, on Tuesday, in this photo provided by his office. (Yoon's presidential office) President Yoon Suk-yeol receives a briefing from the military in the underground bunker of the new presidential office in Yongsan, Seoul, on Tuesday, in this photo provided by his office. (Yoon's presidential office)

The Yoon Suk-yeol administration's first ruling party-government consultative meeting is expected to take place Wednesday to discuss an extra budget bill aimed at compensating pandemic-hit small merchants, an official with the now ruling People Power Party (PPP) said Tuesday.

The meeting between the PPP and the new government is likely to be held at 7:30 a.m. at the National Assembly one day after Yoon takes office, according to the official.

"Since the extra budget bill is the most urgent matter, the party-government consultative meeting will closely look at it," the official said.

The finance ministry earlier said it plans to draw a supplementary budget proposal estimated at some 34-36 trillion won ($26.6-28.1 billion) to help small merchants hit hard by the COVID-19 pandemic following Yoon's pledge to fully compensate them.

Yoon could hold an extraordinary Cabinet meeting on Thursday to swiftly carry out the extra budget bill.

The National Assembly earlier announced that a plenary session is scheduled for Monday to hear an administration speech on the extra budget bill. (Yonhap)

More from Headlines