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South Korea will set up a new fund worth 20 trillion won (US$16. 8 billion) over the next 5 years to promote typically the Korean New Deal tasks that will develop thousands of jobs and restore the virus-ravaged economy, Fund Minister Hong Nam-ki stated Thursday.

The fund may consist of 3 trillion triumphed in in government purchase, 4 trillion won throughout investment from state-run economical organizations and 13 trillion gained from private financial corporations and the open public, Hong told a meeting chaired by President Moon Jae-in.
The fund is usually anticipated to help channel excess liquidity into the genuine overall economy, Hong said.
To help people make investments their very own money in the pay for, the us government will offer taxes benefits, Hong said.
https://oksavingmoney.com/ is expected to "play a task to attract pr