President-elect Yoon Suk-yeol met with heads of the nation’s major economic organizations on March 21 and said, "It is the government's job to remove institutional obstacles so that companies can freely judge, invest and grow."
At the Presidential transition committee's office in Tongui-dong, Seoul, Yoon made the remarks at a luncheon meeting with KCCI Chairman Chey Tae-won, FKI Chairman Huh Chang-soo, KBIZ Chairman Kim Ki-moon, Korea Enterprises Federation Chairman Sohn Kyung-shik, KITA Chairman Koo Ja-yeol and FOMEK Chairman Choi Jin-sik.
Yoon said, "Our economy should now transform from government-led to private-led. I have a strong belief in the free market economy."
He said, "The government creates infrastructure and companies take the lead in creating jobs and making investment. In simple terms, economic growth is only when income rises economically, and economic growth is achieved when companies grow."
Yoon also said, "It's not easy to help, and isn't it the government's job to remove factors that interfere with free activities?" and added, "You will feel and know what obstacles are, so please continue to give me advice."