“Consider raising electricity after 1st quarter and gas after 1st quarter”… ‘Negative’ for the supplementary budget
Deputy Prime Minister and Minister of Strategy and Finance Choo Kyung-ho (pictured) said, “Next year, we have no choice but to raise electricity and gas rates,” and “the increase will be significant.”
Deputy Prime Minister Choo held a press conference at the Sejong Government Complex on the 27th and said, “We will announce electricity rates in the first quarter of next year, and gas rates may increase during the winter, so we are considering a plan to raise them after the first quarter.” .
He explained, “As for the specific width and timing of the increase, consultations with related organizations are in the final stage. did.
However, Deputy Prime Minister Chu emphasized, “Even if the rate is raised, the electricity rate will not be additionally burdened at this year’s level for the vulnerable class, and the gas rate will also be adjusted with a special discount to minimize the burden.”
Deputy Prime Minister Choo also said, “The government has presented next year’s growth rate at 1.6%, but the first half is unlikely to be better than the average.”
He reiterated his cautious stance on the formulation of the supplementary budget (supplementary budget).
He said, “If there is no significant disaster or external economic shock next year and the current economic trend does not deviate much from the level predicted by the government, I am not thinking about forming a supplementary budget at all at the moment.” He said, “The national debt has increased because of the desire to stimulate the economy by continuing to borrow money.” ) It is necessary to be cautious in reviewing the supplementary budget because it is said to be lower.”