Koo Yun-cheol, Deputy Prime Minister and Minister of the Ministry of Economy and Finance, said prices and supplies of agricultural, livestock, and fisheries products are unstable due to the recent heat wave and drought, adding, "We plan to support discounts of up to 50% on key agricultural, livestock, and fisheries products through the Chuseok peak season."

On the 13th at Government Complex Seoul, Deputy Prime Minister Koo presided over the "Emergency Economic Headquarters Meeting and Ministers' Meeting on Economic Affairs and Special Task Force (TF) on Essential Living Costs," and, announcing "measures to stabilize prices and supplies of agricultural, livestock, and fisheries products in response to the heat wave and drought," stated accordingly.

Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol delivers opening remarks during the Emergency Economic Headquarters meeting, the Ministers' Meeting on Economic Affairs, and the Task Force on Special Management of People's Livelihood Prices at Government Complex Seoul in Jongno-gu, Seoul, on the 13th. /Courtesy of News1

So far, crop sunscald and growth decline damage have continued, centered on South Gyeongsang and South Jeolla. The damage scale is as follows: ◇ sweet persimmons 1,125.7 hectares (ha) ◇ rice 572.5 ha ◇ soybeans 38 ha ◇ pears 33.3 ha. Livestock deaths are also continuing. As of on the 7th, livestock that died from the heat wave totaled ▲ pigs 54,299 ▲ poultry 944,234, reaching 1 million.

Deputy Prime Minister Koo said, "We will do our utmost in growth management, including supplying crop pesticides at a discount, and we will continue emergency water supply support for cooling equipment and vulnerable farms," and added, "Depending on supply and demand conditions, we will also supply reserve stocks such as napa cabbage and radishes in a timely manner."

Fisheries products are also affected. As of on the 10th, a high sea temperature "Severe I" advisory was issued for 31 of 35 coastal zones nationwide, and to date 1.83 million farmed fish have died. Deputy Prime Minister Koo said, "We will distribute high-temperature response equipment at a record level to minimize damage to aquaculture farms, and we will also do our best in on-site guidance, including emergency releases."

Meanwhile, the government also discussed that day: ▲ field-centered support plans for investment and innovation by corporations ▲ plans to promote the second Everyone's Startup Project.

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