Bank of Korea Governor: "Must Consider Fiscal Sustainability... Strict Parliamentary Review"

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Bank of Korea Governor Shin Hyun-song made an unusual comment regarding the government's fiscal policy during a Q&A session with the press following the Monetary Policy Committee meeting on the 22nd. He made this remark in response to a reporter's question implying that the government's expansionary fiscal policy and the Bank of Korea's tightening monetary policy were out of sync. Governor Shin stated, "There are a significant number of items in…

연합뉴스-Yonhap News Agency

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ddaily.co.kr

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[Digital Daily Reporter Lee Ho-yeon] Bank of Korea Governor Shin Hyun-song expressed concern regarding the government's expansionary fiscal policy. He pointed out that expanding fiscal spending based on one-time funds, amidst rising tax revenues driven by the semiconductor industry boom, could place a burden on future fiscal soundness. On the 22nd, during a press conference following the Monetary Policy Committee's decision to keep the base int…

asiae.co.kr

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