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Gov't Draws up 6.7 Tln Won Extra Budget

Written: 2019-04-24 09:18:40Updated: 2019-04-24 18:48:40

Photo : YONHAP News

The government has drawn up a six-point-seven trillion won supplementary budget to revitalize the slowing economy and reduce fine dust. 

The government plans to pass the budget bill during a Cabinet meeting on Wednesday and submit it to the National Assembly on Thursday.

The government allocated two-point-two trillion won for public safety measures and projects to reduce fine dust particles and pollution sources, such as scrapping outdated diesel vehicles. 

Four-point-five trillion won will go towards boosting the country's weakening competitiveness in exports and supporting low-income households.

The government expects the extra budget will lead to a reduction in an additional seven thousand tons of fine dust, the creation of 73-thousand jobs and a point-one percentage point increase in the nation's gross domestic product this year.

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