SEOUL (Reuters) -- South Korea will make emergency cash payments to all but the richest families and draw up a second supplementary budget next month in a bid to ease the drawn-out economic impact of the coronavirus outbreak, President Moon Jae-in said on Monday.
Moon, after an emergency meeting with economic policymakers, said an "emergency disaster relief payment" of up to 1 million won ($820) would be made to all households except the top 30% by income, totaling some 9.1 trillion won ($7.44 billion).
