[Supporting the recovery of people’s livelihoods] ㅇ Accelerate domestic demand and economic recovery [Bolster the economy] - Mobilize a total of 18 trillion KRW in available resources by expanding major fund projects to support economic recovery - Execute up to 70% of the 85 trillion KRW allocated to key sectors related to people’s livelihoods and economy by the 1st half of the year [Stimulate domestic demand] - Provide a 20% additional income tax deduction for extra consumption (over 5% compared to last year) during the 1st half of the year - Temporarily reduce the specific consumption tax on automobiles by 30% during the 1st half of the year - Promptly provide eco-friendly vehicle subsidies at the beginning of the year - Expand rebate support for high-efficiency appliances purchases for the vulnerable [Revitalize the sluggish construction and local economy] - Increase public housing supply through construction of 100,000 New Home units and newly construct 138,000 units of public housing and public-supported private rental housing - Adjust public and private construction costs reflecting market realities - Ease tax burdens, such as comprehensive real estate tax in local areas ㅇ Alleviate the living costs - Provide policy financing for low-income households at a record-high 11.6 trillion KRW - Support market stabilization by applying additional tariff quotas to 10 types of fruits - Alleviate living costs for low-income households such as healthcare, food, and housing 1. Reduce caregiving costs and improve healthcare access during off-peak hours 2. Reduce food-related expenses 3. Alleviate housing costs for specific groups such as married couples living apart 4. Promoting affordable mobile plans ㅇ Provide tailored support for vulnerable groups [Youth] Support employment, education, assets, and housing - Scale up the Youth Employment All-Care Platform - Enhance employment capabilities for vocational high school students - Provide a comprehensive package to promote asset-building [Middle-aged and elderly] Strengthen multi-layered retirement income support - Enhance retirement income security of pensions - Develop a continued employment roadmap and expand incentives for hiring middle-aged individuals [Small business owners] Strengthen tailored support - Expand the eligibility for the New Start Fund - Double the income deduction rate for credit card expenses used in micro businesses [Managing external creditworthiness] ㅇ Stabilize financial and FX markets and enhance global communication - Relax the existing regulations to boost FX inflows - Establish a system to stabilize dollar demand - Ensure financial market stability - Strengthen communication with the international community ㅇ Advance the capital market - Introduce value-up tax incentives - Comprehensively reform infrastructure for government bond investments to ensure smooth inclusion of Korean government bonds in the World Government Bond Index (WGBI) - Enhance FX transaction infrastructure for foreign investors to meet global standards ㅇ Promote Foreign Direct Investment (FDI) - Raise incentives to attract foreign investment - Improve the foreign investment environment [Responding to uncertainties in the international trade environment] ㅇ Push forward with new external economic strategies - Prepare for the incoming US adnimistration - Proactively respond the US-China competition and intensified trade protectionism ㅇ Ensure supply chain stability - Expand domestic production support, including increased subsidies for foreign and local investments - Diversify funding sources - Support investments in critical minerals with tailored financial packages ㅇ Support strategic export - Diversify export portfolios - Minimize potential impact on domestic companies caused by shifts in the global trade environment [Increasing industrial competitiveness] ㅇ Support innovation in core industries [Semiconductor] Shore up support for the semiconductor ecosystem [Battery] Respond to uncertainties related to the Inflation Reduction Act, and localize and diversify materials & minerals [Shipbuilding] Actively respond to new demand in MRO and strengthen R&D, workforce, and materials support ㅇ Boost competitiveness in emerging industries and services [Industries] Establish an innovation strategy for three major game-changers - AI: Expand infrastructure to be among the top 3 in AI - Bio: Innovate technologies and manufacturing and operate clusters - Quantum: Lead in core technologies [Services] Nurture new service industries and support service exports ㅇ Expand critical infrastructure - Expedite the construction of national power grids - Expand renewable energy and hydrogen power sources in a balanced manner - Strengthen efforts to address decarbonization - Attract global talent ㅇ Improve corporate investment environment and revitalize SMEs and startups - Provide the largest-ever supply of facility funds and enhance incentives - Strengthen on-site regulatory reform processes - Build a growth ladder for SMEs - Promote the globalization of SMEs