President Moon Jae-in was set to lead an extended meeting of economy-related ministers Monday to discuss ways to boost the local economy in the face of a slowdown, his office said.
The meeting, slated for 10 a.m., will be attended by new Finance Minister Hong Nam-ki, Education Minister Yoo Eun-hae, who doubles as deputy prime minister for social affairs, and heads of other key ministries and government agencies in charge of economy-related policies.
It is the first meeting of its kind to be presided over by the president since he took office in May last year.
|This photo filed Dec. 11, 2018, shows President Moon Jae-in (L) speaking to new Finance Minister Hong Nam-ki ahead of a Cabinet meeting in central Seoul. (Yonhap)|
The meeting will largely focus on discussing ways to revitalize the local economy, which has lost steam due mainly to sluggish domestic demand. Measures to achieve "inclusive growth," the core economic initiative pushed by the Moon government, will also be part of the main agenda items for the meeting, the presidential office Cheong Wa Dae said.
Last week, Moon received his first briefing from Hong, who took office on Tuesday. What they discussed in this first meeting will be announced together with the result of Monday's meeting with ministers, the presidential office said earlier. (yonhap)
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