[경제]IMF “Ability to support selective damage to Korea…can resume short selling of stocks”

[앵커]

The IMF stated that Korea needs to increase support for vulnerable groups affected by Corona 19, including self-employed people.

In addition, regarding the recent controversial resumption of short selling of stocks, the market has stabilized to some extent, so it is desirable to resume.

Reporter Kim Tae-min.

[기자]

The IMF has published the results of its annual consultations on overall economic policy.

The IMF advised that, as Korea still has enough room, the use of additional fiscal policies could speed up the normalization of the economy.

In particular, considering the characteristics of Korea, where the proportion of self-employed people is high, it was diagnosed that it was possible to increase selective support for workers and companies with concentrated damage.

In addition, even if the size of the budget deficit increases immediately, it is believed that it can be sufficiently overcome with fiscal consolidation over the next few years.

Regarding the financial policy, additional easing policies, such as lowering the base rate, are possible, but he said that household debt, which is rapidly increasing, should be vigilant.

Along with this, the recent controversial short selling issue drew attention by mentioning that it is desirable to resume.

Andreas Bauer, deputy director of the IMF’s Asia-Pacific, said Korea’s market is stabilizing a lot and it is possible to resume short selling.

He then understands concerns about short selling, but emphasizes that banning them outright can be costly in terms of market efficiency.

The Korean version of the New Deal, which the government is currently pursuing, was positively evaluated as a strategy that can increase opportunities for future growth engines.

YTN Kim Taemin[[email protected]]is.

[저작권자(c) YTN & YTN plus 무단전재 및 재배포 금지]