SEOUL, Jan. 8 (Yonhap) — The presidential office is considering deleting records of overdue loan repayments for small business owners and vulnerable groups whose payments were delayed due to the impact of the COVID-19 pandemic, an official said Monday. The “credit pardons” will likely be granted ahead of the Lunar New Year holiday, which this year falls on Feb. 10, as the government considers various measures to improve people’s livelihoods and revive the economy. “In the event loan repayments were delayed due to the impact of COVID-19, we’re looking into deleting the records,” the presidential official told Yonhap News Agency. “We’re discussing it with the financial circles, and if we can complete the discussions, we could get it done quickly…
Published Date: 2024-01-08
Source: Yonhap News Agency
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