default_top_notch
default_news_top
default_news_ad1
default_nd_ad1

Moon touts his economic policy, signals no shift

기사승인 2019.05.14  18:36:42

공유
default_news_ad2

- "Our economy is moving toward success"

President Moon Jae-in strongly indicated Tuesday that he would stick to the current
economic policy despite controversies, especially over the income-led growth strategy and plans to phase out nuclear energy use.

"In general, our economy is moving toward success," he said during a speech at a Seoul event for small and medium-sized enterprises (SMEs) hosted by the Korea Federation of SMEs.

The liberal president entered his third year in office this week.

President Moon Jae-in (C) attends a meeting with representatives from small and medium-sized enterprises (SMEs) in Seoul on May 14, 2019.

Apparently mindful of recent economy-related data, which suggests growing troubles
for Asia's fourth-largest economy, Moon said, "It takes time for the fundamental change
of an economic policy to take root."

He emphasized the significance of SMEs in South Korea's economy and pledged that his government will provide all-out support such as tax benefits and innovative financing.

"Just as it takes a village to raise a child, it takes a society for an SME to succeed,"
Moon said. "For the stable operation of SMEs, a state should share risk burdens
and responsibility."

He pointed out that his administration plans to use nearly 22 trillion won (US$18 billion)
of budgets this year alone for a total of 1,653 projects to help SMEs. It marks a 10
percent hike from related spending last year.

The government will also establish 4,000 smart factories in 2019 and expand the number to 30,000 by 2022 for half of the country's SMEs with at least 10 employees,
Moon added. (Yonhap)

Choe Nam-suk edt@koreapost.com

<저작권자 © 코리아포스트 무단전재 및 재배포금지>
default_news_ad5
default_side_ad1
default_nd_ad2

인기기사

default_side_ad2

포토

1 2 3
set_P1
default_side_ad3

섹션별 인기기사 및 최근기사

default_side_ad4
default_nd_ad6
default_news_bottom
default_nd_ad4
default_bottom
#top
default_bottom_notch