Government to announce next year’s ‘economic policy direction’ this afternoon


[경제 365]

The government announces the economic policy direction for next year on the afternoon of the 20th.

The economic policy direction for next year is expected to include the government’s policy initiatives to recover from the damage caused by COVID-19 and secure future growth engines.

Earlier, Deputy Prime Minister Hong Nam-ki announced at a meeting of the Central Emergency Economy Headquarters on the 16th that he was preparing for next year’s economic policy direction aimed at normalizing the economy and leading the economy.

Deputy Prime Minister Hong presented a target for economic growth next year to be in the low 3% range.

A survey found that 6 out of 10 companies felt pressure to extend their retirement age beyond the age of 60.

As a result of a survey conducted by the Korea Employers’ Federation of 1,021 companies with five or more employees between September and November, 58.2% of the responding companies answered that it would be burdensome to extend the retirement age over the age of 60.

In companies with 1,000 or more employees, the percentage of respondents who said it was burdensome was higher at 71.2%.

The reason for feeling the burden was the labor cost burden due to the annual wage system at 50.3%, followed by the decrease in productivity of the aged workforce and the backlog of personnel within the organization.

The Ministry of SMEs and Startups announced that onnuri gift certificates will be sold at a special discount from today to the 24th as a consumption promotion event to support small business owners.

This special discount sale will be worth 150 billion won, and the discount rate for paper-type Onnuri gift certificates will be raised from 5% to 10%.

The personal discount purchase limit is 300,000 won per month, the same as before.

Paper-type Onnuri Gift Certificates can be purchased at 16 commercial banks, including Nonghyup.

The Ministry of SMEs and Startups and the Korean Women Entrepreneurs Association held the 25th ‘Female Entrepreneurs Day’ commemorative event this afternoon to reward female entrepreneurs who contributed to economic development.

At today’s event, a total of 61 points, including 14 government awards, will be awarded, including Park Kyung-bun, CEO of Giacomo, a sofa brand, and the first female furniture manager to receive the Gold Tower Order of Industrial Service Merit.

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