Finance minister stresses tackling disparities for sustainable growth at IMFC
BANGKOK, Oct. 18 (Yonhap) -- Finance Minister Lee Hyoung-il has stressed the nee...
Bangkok — During the International Monetary and Financial Committee (IMFC) meeting in Bangkok, Finance Minister Lee Hyoung-il emphasized the importance of tackling disparities to achieve sustainable growth, according to his office. The meeting took place on Saturday as part of the Annual Meetings of the International Monetary Fund and the World Bank Group, where Lee shared his perspectives on addressing global economic challenges.
The Korean official discussed the potential of artificial intelligence (AI) and its alignment with IMF policy directions, as well as the need for international coordination to tackle global imbalances and debt issues. The IMF reported that while the global economy is showing signs of recovery, it still faces heightened uncertainty and downside risks.
To support AI adoption and digital transformation, the IMF stressed the importance of countries adopting policies to ensure macroeconomic and financial stability.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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