Jeju Provincial Assembly urges the government to expand the safety net for inclusive finance in the primary industry.

Published 2025년 12월 12일

Tridge summary

[Korean Farmers and Fishermen Newspaper, Reporter Kang Jae-nam] Jeju Special Self-Governing Province Assembly urged the expansion of a government-level inclusive financial safety net for the primary industry to alleviate the financial burden of Jeju's farmers and fishermen and to establish a sustainable management base amid the climate crisis, high interest rates, and economic downturn, leading to accumulated debt and rising delinquency rates. The Jeju Special Self-Governing Province Assembly adopted a proposal titled "A Proposal on Alleviating Financial Burden of the Primary Industry and Establishing a Sustainable Management Base," introduced by Representative Song Young-hoon (Democratic Party of Korea, Namwon-eup) at the 6th plenary session of the 2nd regular session of the 444th Assembly held last 10th, and decided to officially urge the National Assembly and the government to establish a tailored financial recovery plan for the primary industry. This proposal is aimed at small and medium-sized businesses.

Original content

The Jeju Special Self-Governing Province Assembly urged the expansion of government-level inclusive financial safety nets for the primary industry to alleviate the financial burden on Jeju farmers and fishermen and to establish a sustainable management foundation in response to the climate crisis, high interest rates, and economic downturn, which have led to increased debt accumulation and delinquency rates. The Jeju Special Self-Governing Province Assembly adopted a proposal on the 6th plenary session of the 2nd regular meeting, the 444th session, initiated by Representative Song Young-hoon (Democratic Party of Korea, Namwon-eup) titled "A Proposal on Alleviating Financial Burden on the Primary Industry and Establishing a Sustainable Management Foundation," and decided to formally urge the National Assembly and the government to establish tailored financial recovery measures for the primary industry. This proposal emphasizes that, despite agriculture, fishing, and forestry being ...
Source: Agrinet

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