SEOUL ¨C South Korean President Lee Jae Myung vowed on Thursday to implement a ¡°bold¡± fiscal policy to boost the country¡¯s flagging economy after its martial law crisis and to tackle challenges posed by looming U.S. tariffs and North Korea.
Lee, who was elected on June 3 in a snap election, said it was his top priority to improve the lives of the people, whose faith in government had been greatly shaken by ¡°a national crisis¡± that hammered Asia¡¯s fourth-largest economy.
¡°It is a time when the proactive and bold role of national finance is more important than ever,¡± Lee, who has pledged to implement expansionary fiscal policy, said in his opening remarks at a news conference to mark 30 days in office.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.