SEOUL (THE KOREA HERALD/ASIA NEWS NETWORK) – Political parties are becoming increasingly active and positive toward the controversial issue of introducing a universal basic income system in the country.
Universal basic income refers to money evenly distributed to all individuals to support their livelihoods, regardless of their wealth level or job status.
The liberal ruling Democratic Party of Korea is preparing to submit a bill on the introduction of the scheme to the next National assembly that began its four-year term on May 30.The conservative opposition United Future Party is showing signs of shifting from its cautious stance on the idea.What […]
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