Korea's finance chief says boosting companies' investment is urgent priority to revitalize economy
- 5 years ago
홍남기 "경제 반등 위해 기업투자 살려야"
Seoul's Minister of Economy and Finance Hong nam-ki placed urgent priority in boosting companies' investment, as it will help revive the flagging local economy.
At a meeting with economy-related ministers on Wednesday,... Hong said specific measures to achieve this goal will be included in the economic policies announcement scheduled to take place June.
He also urged lawmakers to quickly pass a supplementary budget bill of around 5-point-6 billion U.S. dollars...citing an increase in downside risks that the economy is facing,... such as the escalating trade tension between the U.S. and China.
Seoul's Minister of Economy and Finance Hong nam-ki placed urgent priority in boosting companies' investment, as it will help revive the flagging local economy.
At a meeting with economy-related ministers on Wednesday,... Hong said specific measures to achieve this goal will be included in the economic policies announcement scheduled to take place June.
He also urged lawmakers to quickly pass a supplementary budget bill of around 5-point-6 billion U.S. dollars...citing an increase in downside risks that the economy is facing,... such as the escalating trade tension between the U.S. and China.