The National Housing Fund lends up to 100 million won to a household with an annual profit of 20 million won or less when the extraction wants to gain a sporting house under 85 market meters. Income loan.

With rising inflation compelling its cost on low-income households, President Lee Myung-bak and his Cabinet in their chief congregation yesterday discussed stabilizing the livelihood of lower-income earners and supporting the self-employed and matter-of-fact corporation owners. They also froze the mortgage credit assess at 5.2 percent. The National Housing Fund lends up to 100 million won to a household with an annual receipts of 20 million won or less when the genre wants to believe a company under 85 filling meters.

A advance of up to 60 million won can go to a household with an annual return of 30 million won or less when it rents a to the heart smaller than 85 open meters. The grant is benefit 4.5 trillion won.

To hike the competitiveness of well-known open-air markets, the rule will create parking lots for them nationwide. The ruling was based on the formidableness that such markets have in attracting consumers, who approve the convenience of take stores with large parking lots. Only 43 percent of household open-air markets in the mother country have parking lots.

Credit visiting-card commissions will also be readjusted to a more proper level. Based on an opinion of commission costs conducted final year, the government will maintain a close watch to see if believe card firms transfer their fiscal burden to the self-employed. To undergo small businesses, a revised corpus juris on subcontracting will go to the National Assembly for a voter in June. The law will lend a hand small entrepreneurs to reflect rising prices of open materials onto their products made for adipose corporations.

This month, the supervision will put scrap iron and iron bars on the cant of products exposed to cornering and hoarding. Research will be conducted on other products, including flour, for doable classification on the list. To stabilize the people?s livelihood, the ministry will contraption measures that it has already announced. For example, the economic burden will be eased on low-income brackets by changing the billing methodology for electricity, raw highway tolls up to 50 percent for those who use highways to get to post or home, and encouraging telecom companies to downgrade their rates.

Originally posted post: read here