Sojin Gong, Full-scale Preparation for Supplementary Budget Execution... "3.5 Trillion New Business to Proceed Without a Hitch"

[Financial News] The Small Business Market Promotion Corporation has begun full-scale preparations for the execution of the 1st supplementary budget in 2025.
Sojin Gong announced on the 29th that it held the '1st Supplementary Budget Major Project Preparation Status Check Meeting' at the Daejeon headquarters on the 28th and checked the progress of the newly established 'Small Business Burden Reduction Credit' and 'Win-win Payback'.
In this supplementary budget, Sojin Gong plans to execute a total of 3.55 trillion won worth of projects. Specifically, △1.57 trillion won for Small Business Burden Reduction Credit △1.37 trillion won for Win-win Payback △500 billion won for policy loans. This amounts to 70% of Sojin Gong's main budget of 5.08 trillion won.
At the meeting, major issues such as credit payment methods through card charging and prepaid cards, and setting the scope of use were discussed. The progress of the Win-win Payback program was also shared. Sojin Gong plans to continue regular meetings to ensure smooth budget execution in close cooperation with the Ministry of SMEs and Startups, and the Ministry of Economy and Finance.
Park Seong-hyo, Chairman of Sojin Gong, said, "As the supplementary budget is organized for small businesses struggling with sluggish domestic demand, swift and thorough execution is important," adding, "We will strive to reflect the voices of the field to ensure that effective policies can be felt."

jimnn@fnnews.com Shin Ji-min Reporter