Gov't subsidies to private organizations surged during Moon presidency: Yoon office
Lee Kwan-sup, senior presidential secretary for policy and planning, announces the results of an interim survey on government subsidies to private organizations at the presidential office in Seoul, Dec. 28. YonhapGovernment subsidies to private organizations soared during the preceding Moon Jae-in administration, with the annual total exceeding 5 trillion won ($3.94 billion), the presidential office said Wednesday.The office estimated government subsidies paid to various civic groups, associations, foundations, welfare facilities and other nonprofit private organizations from 2016 to 2022 amounted to 31.4 trillion won.The annual volume surged from 3.56 trillion won in 2016 to 5.45 trillion won this year, it noted, adding there was an annual average increase of about 400 billion won during the Moon presidency. Moon served a single term from 2017 to 2022.The number of private organizations receiving government subsidies also increased from 22,881 in 2016 to 27,215 this year, marking a seven-year increase of 4,334.Announcing the results of an interim survey, Lee Kwan-sup, senior preside
Dec 28, 2022