Financial Execution Review Meeting
R&D Progress Status Check
Kim Yunsang, Vice Minister of Strategy and Finance, stated on the 21st, "We are steadily pursuing the achievement of the rapid execution target of 388.6 trillion won for the first half of the year to restore the economy felt by the people."
The Ministry of Strategy and Finance announced that on the same day, at the 'Fiscal Execution Review Meeting' held at the Government Seoul Office Building chaired by Vice Minister Kim, they discussed the current status of rapid fiscal execution for the first half of the year and future directions.
At the start of the meeting, Vice Minister Kim emphasized, "In March, we will strengthen fund allocation focusing on projects closely related to people's daily lives to ensure there are no setbacks in rapid execution."
He added, "After reviewing the execution status of large-scale funds closely related to people's livelihoods, such as housing and electric power funds, we found smooth execution compared to the first half target, and we plan to support rapid execution during the remaining period so that the public can quickly feel the economic recovery."
He continued, "Not only stabilizing people's livelihoods but also securing future growth engines for sustainable growth is an important situation," emphasizing, "We also ordered rapid execution in the first half for R&D fields such as bio and medical technology development."
Finally, he urged, "The importance of rapid execution is being emphasized to enhance economic dynamism, so please make every effort to achieve the first half execution target through focused management by ministries and major projects."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


