Livelihood Recovery Coupons Added 430,000 Won per 1 Million Won, Lee Says

President Lee Jae-myung referred to the economic impact of last year’s livelihood recovery consumption coupons during an emergency economic meeting reported by Maeil Business on May 13. Lee said the coupons produced an additional economic effect of 430,000 won for every 1 million won distributed. The remark came as discussions continued over support for households and fiscal management. According to the original summary, Lee also mentioned debate over “populist fiscal austerity.” The item appeared in Maeil Business’s May 13 “Knowledge of the World” briefing. Source: mk.co.kr.