S.Korean PM Says To Enact Law Covering Loss Of Microbusiness Owners From COVID-19
Mohammad Ali (@ChaudhryMAli88) Published January 27, 2021 | 02:53 PM
South Korean Prime Minister Chung Sye-kyun said Wednesday that the country planned to help microbusiness owners, who were forced to stop or halt business under the tightened quarantine rules to tackle the COVID-19 resurgence here
SEOUL (APP - UrduPoint / Pakistan Point News - 27th Jan, 2021 ) :South Korean Prime Minister Chung Sye-kyun said Wednesday that the country planned to help microbusiness owners, who were forced to stop or halt business under the tightened quarantine rules to tackle the COVID-19 resurgence here.
Chung told a press conference with foreign correspondents in Seoul that the government was preparing to legislate on covering the loss of small-business owners from the COVID-19 pandemic in accordance with the constitution.
By the country's constitution, a government is required to enact a bill covering the loss of people when their rights to property are restrained for the public interest.
The government has kept its five-tier social-distancing guidelines at the second-highest level for about two months, ordering brick-and-mortar businesses to stop or halt operation amid the COVID-19 resurgence here.
Chung recently raised the need for the legalization of the government compensation for the loss of mom-and-pop businesses, and President Moon Jae-in supported it.
The prime minister admitted that the government's financial assistance to small-business owners may not be enough to cover the sufferings, which they have been enduring, vowing to provide compensation that can cover their actual loss.
Earlier this month, the government began to distribute its third round of relief checks, which range from one million won (900 U.S. Dollars) to 3 million won (2,700 U.S. dollars), to some 2.8 million small-business owners and self-employed people.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 5 May 2024
Today Gold Rate in Pakistan 05 May 2024
Bugti assures transporters for addressing their problems
Deputy Prime Minister and Foreign Minister, Mohammad Ishaq Dar meets foreign min ..
3 drug peddlers arrested, hashish recovered
1496,990 children given polio drops in five days: DC
Six terrorists killed, hideout busted in N Waziristan IBO: ISPR
Pakistan, Qatar agree to further expand trade, investment ties
Sindh cabinet approves Rs177.5m to strengthen, mobilize various wings of police
Faisal Karim Kundi takes oath as new KP Governor
Azad Jammu and Kashmir Prime Minister Anwaar ul Haq Chaudhry seeks more vibrant ..
Tahaffuz Manzil Foster Home providing care & support to homeless children
More Stories From World
-
Verstappen takes pole in Miami after sprint race win
5 minutes ago -
Swiatek finds Nadal inspiration to win 'crazy' Madrid Open title
5 minutes ago -
'Hypnotised' Wilson into second World Snooker final
5 minutes ago -
Floods in southern Brazil force 70,000 from homes
5 minutes ago -
Mystik Dan wins 150th Kentucky Derby thriller
5 minutes ago -
Champions Inter stunned again by safety-seeking Sassuolo
35 minutes ago
-
Real Madrid claim 36th Spanish title after Girona stun Barca
45 minutes ago -
Cullen glad Leinster 'got over the line' in Champions Cup semi-final thriller
45 minutes ago -
Ben Yedder scores twice as Monaco close in on Champions League return
45 minutes ago -
London mayor Khan wins historic third term as Tories routed in local polls
55 minutes ago -
Football: French Ligue 1 results - collated
8 hours ago -
Football: Italian Serie A results - collated
8 hours ago