[뉴스워치= 문다영 기자] On the 18th, Vice Prime Minister Hong Nam-gi and Minister of Strategy and Finance said on the 18th, “We will determine the level by early March through prompt consultations,” said Hong Nam-ki, deputy Prime Minister and Minister of Strategy and Finance, with regard to the financial sector maturity extension and interest repayment deferred measures scheduled to end in late March.
On that day, Deputy Prime Minister Hong held a macroeconomic and financial meeting with the Bank of Korea Governor Ju-yeol Lee, Chairman of the Financial Services Commission Eun Seong-soo, and Financial Supervisory Commissioner Yoon Seok-heon at the Bank Center in Jung-gu, Seoul. At the meeting, it is known that the countermeasures for overcoming the crisis and economic rebound in the future were discussed based on the review and evaluation of measures to support financial and financial support. There was also a discussion on risk management that could arise during the economic recovery process.
Deputy Prime Minister Hong said, “As the Corona 19 situation does not show a clear calm and the damage continues, it is necessary to continue the expansion of fiscal and financial policy. In order to support the victims, policy finance is also worth 495 trillion won, along with the formation of additional budgets. “We plan to supply enough.”
Along with this, he diagnosed, “So far, financial support measures in the crisis response process require sufficient support and orderly maintenance,” he said. “It is necessary to judge various temporary measures that are impending support period.”
The government will continue to provide support for those in need through financial support, such as the secondary financial support program for small business owners and special loans for collective restricted industries, but normalize measures that have fulfilled their role, such as the Bank of Korea’s financial stability special loan system.
At the same time, Deputy Prime Minister Hong emphasized, “It is important to manage potential risk factors such as accumulated liquidity problems, real estate market, household debt, price stabilization, and increased financial volatility in the process of responding to the crisis.” “It is necessary to take measures to induce the inflow of new growth engines into productive sectors, and strengthened management measures for household debt,” he said. Accordingly, the financial sector maturity extension and interest repayment deferred measures, which are scheduled to end at the end of March, will be determined by the beginning of March.
In particular, Deputy Prime Minister Hong said, “As the G20 countries continue to confirm and pledge to co-operate with policies for overcoming the crisis and recovering the economy, internally, close cooperation between macroeconomic, financial, monetary and financial authorities is absolutely essential.” Potential economy It also revealed its intention to continue its preparation efforts to increase its growth capacity.
He cited the improvement of the Korean economy’s productivity, industrial structure transformation, demographic change, and potential growth rate as his immediate tasks, and said, “We will overcome the crisis and achieve economic rebound through sufficient communication, close cooperation, and positive policy cooperation.”
Reporter Moon Da-young [email protected]