Menu Content
Go Top


Yoon Pledges to Indefinitely Inject Unlimited Funds for Price Stability

Written: 2024-04-02 15:07:21Updated: 2024-04-02 18:39:15

Yoon Pledges to Indefinitely Inject Unlimited Funds for Price Stability

Photo : YONHAP News

President Yoon Suk Yeol pledged to inject an unlimited emergency price stability fund for agricultural and livestock products for an indefinite period and to extend eligibility so that inflation stability may be tangible to the public.

Presiding over a Cabinet meeting on Tuesday, Yoon said despite rising prices of agricultural products beginning to slow down from late March, prices remain high with the latest figures reflecting jumps in oil prices.

The president then announced plans to expand the ongoing state discount program and fruit import supplies being offered at discount chains to include small- to medium-sized grocery stores and traditional markets.

He also ordered officials to expand eligibility for state-issued vouchers for agricultural products provided to the country's vulnerable groups.

Noting that abnormal temperatures last April due to climate change triggered soaring prices of agricultural goods, Yoon urged relevant ministries to thoroughly prepare for climate change, which he noted has become the new normal.

Editor's Pick


This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >