Finance minister vows efforts to tame inflation, boost growth
Finance Minister Lee Hyoung-il on Tuesday vowed to focus on taming inflation to ease the cost-of-living burden while boosting economic growth through major government-led initiatives, including the three megaprojects. Lee made the remarks during a parliamentary audit by the finance, economy, planning and budget committee at the National Assembly, stressing his priorities are aimed at improving…
Finance Minister Lee Hyoung-il expressed his dedication to addressing inflation and promoting economic growth during a parliamentary audit on Tuesday. He emphasized that his primary objectives are to improve people's livelihoods and alleviate economic disparities. Lee stressed his commitment to maintaining consumer price stability, which serves as the foundation for individuals' well-being.
The finance ministry will prioritize stabilizing prices of essential goods like fuel and food, and will take decisive action against market disruptions caused by irregular activities. Lee also highlighted the government's plans to tackle housing, employment, and financial services for low-income households. The minister noted that the government's efforts will continue beyond the scope of this audit session, as they strive to create a more equitable and prosperous economy for all citizens.
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- Finance minister vows efforts to tame inflation, boost growth en.yna.co.kr
- Finance minister vows efforts to tame inflation, boost growth koreatimes.co.kr
