[Gyeonggi] Kim Dong-yeon "proposal of three major emergency management measures, including an additional 50 trillion won"

2025.01.13. PM 2:27
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Gyeonggi Province Governor Kim Dong-yeon insisted, "In order to revive people's livelihoods at the end of the cliff, a super supplementary budget worth 50 trillion won should be promoted before the Lunar New Year holiday."

Governor Kim said at a New Year's press conference that the Korean economy needs special measures due to President Yoon Suk Yeol's emergency martial shock and the launch of the second Trump administration.

In addition to the extra budget, Governor Kim called for the appointment of a "Korean economic ambassador" who will be responsible for external economic issues, including trade and investment, and "measures to revive corporate morale" to enhance corporate investor sentiment.

Corporate revitalization measures included the reintroduction of the temporary investment tax credit system, rapid processing of licenses and permits related to corporate investment, and a temporary moratorium on corporate tax audits.

Governor Kim said, "I believe in the potential and capabilities of our people and the DNA of overcoming the crisis. I will also do my calling to open a new way," he said.




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