Moon Jin-seok, the Democratic Party of Korea's floor leader, noted on the 30th that if the second supplementary budget bill for this year passes in the June special session, the 'consumer coupons for recovery' being promoted by the government could be distributed in July. The payment amount per person is expected to range from 150,000 to 520,000 won.
Moon, the floor leader, appeared on MBC Radio's 'Kim Jong-bae's Focus' that day and said, 'If we simplify the administrative procedures and proceed swiftly, it will be implemented within July.' He added, 'The supplementary budget must pass within the special session to stimulate consumption during the vacation period.'
Earlier, on the 19th of this month, the government announced the second supplementary budget and stated that it would support 13.2 trillion won worth of consumer coupons for recovery.
Regarding the possibility of holding a general meeting on the 3rd of next month to process the supplementary budget, Moon said, 'If the opposition party ultimately opposes, I will consider July 3rd as the deadline and plan to handle the supplementary budget and the confirmation of Prime Minister nominee Kim Min-seok together that day.'
The floor leaders of the Democratic Party and the People Power Party met that morning to discuss the agenda for the general meeting, but they were unable to reach an agreement.
Meanwhile, Moon discussed plans for the revision of the Commercial Act and the processing of the three broadcasting laws. He said, 'If the Commercial Act is revised, there is a forecast in the market that we could raise the (KOSPI) upper limit to about 5,000.' He mentioned that he plans to meet with the vice presidents of the five major economic groups to gather opinions and aims to pass the revision on the last day of the special session (July 4) or the day before.
Regarding the three broadcasting laws, he mentioned, 'We are in consultation with the policy committee, and more time is needed for discussions between the party, government, and the opposition,' indicating a need to slow down. He added, 'However, it is an important task that the party is promoting to prevent political power from dominating the media and to ensure the normalization, neutrality, and independence of public broadcasting, so we will push forward without any setbacks.'