South Korea's Prime Minister Chung Sye-kyun has deliberated a new 767 million U.S. dollar emergency fund targeting job stabilization. This is a follow-up to President Moon Jae-in's special employment stability measures that involves spending some 8-point-1 billion dollars to keep people in work and support the livelihoods of 2-point-8 million workers. The PM is likely to call for full-support to cushion the economic impact of the COVID-19 pandemic on the employment and local consumption front. Also Monday,... President Moon, during a weekly meeting with his top aides, is likely to press the importance of caution ahead of this week's easing of social distancing regulations.
