[Breaking] Kim Yong-beom, Vice Minister, "Striving to Revitalize Domestic Demand to Offset External Sector Weakness"

Kim Yong-beom, 1st Vice Minister of Strategy and Finance

[Asia Economy Reporter Kwangho Lee] Kim Yong-beom, the 1st Vice Minister of Strategy and Finance, stated on the 4th, "Since the impact of the global economic activity contraction is expected to persist for a considerable period, we will focus on revitalizing domestic demand to offset the sluggish external sector."

At the macroeconomic and financial meeting held at the Seoul Banking Hall on the same day, Vice Minister Kim said, "In the third quarter, we will mobilize all policy capabilities to ensure that the signs of economic recovery lead to a definite economic rebound."