“Management to prevent the inflow of unproductive sectors such as commercial funds and real estate”
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Kim Yong-beom, the first vice minister of the Ministry of Strategy and Finance, said on the 23rd, “We will promote the inflow of commercial funds into the productive sector, but actively manage it so that it does not flow into non-productive sectors such as real estate.”
Deputy Minister Kim held a macroeconomic and financial conference at the Seoul Bank Center on the same day and said, “We will manage carefully so that the expanded liquidity does not impede financial stability in the process of responding to the crisis.”
He said, “We will normalize some of the support measures that have fulfilled their role, but maintain and strengthen the financial support necessary for overcoming the damage of the novel coronavirus infection (Corona 19), recovering the economy, and transforming into a leading economy.” “We will close the discussion as soon as possible after collecting opinions on the field on the postponement of extension and interest repayment.
Deputy Minister Kim said recently about the stock market, saying, “The market volatility is partially expanding due to uncertainties surrounding the domestic and overseas economic and financial markets, such as inflation concerns and liquidity recovery in China.” “He emphasized.
/yunhap news
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