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Finance Minister Expects Exports to Top $1 Tril. This Year

Summary by The Korea Times
Korea's top economic policymaker said Thursday that the country's annual exports are likely to top the historic $1 trillion mark this year despite...

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Deputy Prime Minister Lee Hyung-il projected at the Economic Ministers' Meeting that exports would reach $1 trillion and national income $40,000 this year. The government announced that it would pursue comprehensive policies to revitalize the economy and improve people's livelihoods, including launching 7.9 trillion won in investment projects, regulatory innovation, strengthening benefits for Onnuri gift certificates, and providing tax-free supp…

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Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il stated on the 1st, “Exports are projected to surpass $1 trillion annually for the first time in history,” adding that “achieving 3% growth and a per capita national income of $40,000 this year is becoming a reality.” Deputy Prime Minister Lee made these remarks at the Emergency Economic Headquarters meeting and the Economic Ministers’ Meeting, which he presided over for the f…

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The government has projected that annual exports will surpass $1 trillion for the first time in history this year. Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il presided over the "Emergency Economic Headquarters Meeting and Economic Ministers' Meeting" at the Government Complex Seoul on the 1st, his first since taking office. He stated, "Exports will record an all-time monthly high in September and will surpass $1 trill…

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조선일보 broke the news on Wednesday, September 30, 2026.
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