Korea showing clearer signs of economic recovery: finance minister
5 Articles
5 Articles
Deputy Prime Minister Koo Yun-chul emphasized economic recovery based on the second-quarter GDP growth rate and mentioned the possibility of achieving a per capita GNI of $40,000. The government plans to devise measures for the advancement of the steel industry and innovation in key industries, and to pursue policies aimed at resolving real estate vacancies and strengthening industrial competitiveness, such as converting knowledge industry cente…
(Sejong=Yonhap News) Reporter Lee Dae-hee = Deputy Prime Minister and Minister of Finance and Economy Koo Yun-chul said on the 10th, "The possibility of achieving a per capita Gross National Income (GNI) of $40,000 this year has further expanded..."
Deputy Prime Minister and Minister of Finance and Economy Koo Yun-chul stated on the 10th, “The recovery trend of our economy is becoming much more distinct,” adding that “the possibility of reaching $40,000 in per capita Gross National Income (GNI) this year has further expanded.” Speaking at the Economic Ministers’ Meeting and Structural Innovation Ministers’ Meeting held at the Government Complex Seoul, Deputy Prime Minister Koo said, “The cu…
The possibility of South Korea entering the era of $40,000 per capita Gross National Income (GNI) in the second year of the Lee Jae-myung administration has significantly increased. Although the annual figures have not yet been finalized, both the government and the Bank of Korea view the achievement of the $40,000 mark as highly likely, as nominal national income has risen sharply this year. ◆ First Nominal GDP Growth in 47 Years… Steep Rise …
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