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Moon vows to help S. Korean industries overcome COVID-19

2020-05-21 31 Dailymotion

문 대통령 산업계 간담회... 산업위기극복•고용안정 강조<br /><br />President Moon Jae-in says the government will swiftly push ahead with its so-called "Korean New Deal" as the country seeks to overcome the COVID-19 crisis and become a leader in the digital economy.<br />President Moon on Thursday met with the heads of companies from nine industries that have been hit hard and called on them to protect jobs and overcome the crisis together.<br />The government will direct all efforts toward economic revitalization, protecting jobs and expanding the employment safety net. The digital era, that's been sped up due to the COVID-19 outbreak, is requiring more aggressive and swift changes.<br />President Moon said the government has already drawn up a support package worth 20 billion U.S. dollars roughly 13 percent of the country's GDP to support the country's ailing industries.<br />He added more help is on its way as the government is preparing a third supplementary budget.<br />President Moon also vowed to help foster the human resources that will be required in new industries such as AI and future cars.<br />

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