President Moon receives confidential economic briefing from Deputy Prime Minister Hong Nam-ki... President Moon says, "The economic team has worked hard"
[Asia Economy Reporter Ryu Jeong-min] Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, expressed the view on the 20th during a private briefing at the Blue House that positive growth is expected in the third quarter.
Kang Min-seok, spokesperson for the Blue House, stated on the 20th, "President Moon Jae-in received a private briefing from Deputy Prime Minister Hong Nam-ki today," adding, "Deputy Prime Minister Hong reported that positive growth is expected in the third quarter due to the recovery of exports and proactive policy responses such as the fourth supplementary budget."
Deputy Prime Minister Hong reported on ▲recent economic situation assessment and response directions ▲status and future plans for the Korean New Deal ▲external economic issues and future promotion plans.
President Moon encouraged, "Despite the domestic demand and employment shocks caused by the resurgence of COVID-19 since mid-August, the economic team has worked very hard."
President Moon urged, "In the fourth quarter following the third quarter, please make every effort not only to recover domestic demand but also to continue the recent improving trend in exports, and create a successful model in the economy following the COVID-19 quarantine."
President Moon emphasized, "The importance of the regional balanced New Deal, which can be called the spirit of the Korean New Deal's foundation of employment safety nets and the two pillars of the digital and green New Deals, cannot be overstated," and requested that the promotion system and incentives for the regional balanced New Deal be finalized within this year.
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