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S. Korea's main opposition party proposes new law to help small businesses hurt by pandemic Updated: 2021-02-03 10:06:16 KST

The floor leader of South Korea's main opposition People Power Party is pressing for a comprehensive compensation plan to help those hit hard by the pandemic.
In a speech to the National Assembly Wednesday, Joo Ho-young said his party proposes a law that includes exempting entrepreneurs and small business owners from paying utility bills for three months.
He said the party is willing to work with the ruling party to prepare a fourth COVID stimulus package, providing the nation's finances can withstand it.
He also introduced a plan to stabilize South Korea's overheated real estate market, mostly revolving around building more housing units.
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