President Moon: "COVID-19 Response Shines Through Cross-Ministerial Collaboration"

On the 17th, Economic Ministries Including the Ministry of Economy and Finance Reported at Cheongwadae... "Urging Seamless Cooperation Among Economic Ministries for COVID-19"

[Asia Economy Reporter Ryu Jeong-min] President Moon Jae-in said on the afternoon of the 17th at the Ministry of Strategy and Finance, Ministry of Trade, Industry and Energy, Ministry of SMEs and Startups, and Financial Services Commission briefing held at the Blue House, "Inter-ministerial cooperation shone in the response to this COVID-19," adding, "I believe that inter-ministerial cooperation centered on the Korea Centers for Disease Control and Prevention, through the Central Disaster and Safety Countermeasures Headquarters and the Government Joint Support Group, has been very effective in responding to new infectious diseases so far."

President Moon said, "I ask for seamless cooperation among economic ministries along with strong measures to minimize the damage from COVID-19 and restore economic vitality," pointing out, "The economic damage from this COVID-19 is felt more severely than the MERS outbreak in 2015."

[Image source=Yonhap News]

President Moon emphasized, "If the recession prolongs, it will cause great damage not only to our economy but also to people's livelihoods," calling it "a truly emergency and serious situation."

President Moon said, "Even if there are limits to our response due to external factors, there is an aspect where domestic consumption and leisure activities have been excessively contracted due to inflated fear and anxiety," adding, "Now is the time to focus all efforts on protecting the safety of the people while revitalizing economic vitality."

President Moon added, "The government will remain vigilant until the end and do its best in quarantine," and "I once again ask the people to trust the government's response, strictly follow their own safety rules, and return to normal daily and economic activities."