Cheong, Operation of New Coronavirus Economic Response Support Team... Led by Economic Secretary

[Asia Economy Reporter Son Sunhee] On the 5th, the Blue House announced that it will operate a support team centered on Economic Secretary Lee Ho-seung to monitor and respond to the economic impacts related to the novel coronavirus infection (Wuhan pneumonia).

Blue House Deputy Spokesperson Han Jung-woo held a briefing at the Press Center on the same day and said, "We are managing not only the quarantine response system but also economic matters related to the novel coronavirus," adding, "It is expected to mainly check the economic impacts and coordinate response measures."

A Blue House official stated that the economic response support team meeting chaired by Economic Secretary Lee held its first meeting the day before. Separately, since the 28th of last month, the Blue House has been holding daily situation check meetings chaired by Director of the Office for Government Policy Coordination Lee Jin-seok.

President Moon Jae-in, at the 'Novel Coronavirus Response Cabinet Meeting' held the previous day, instructed the preparation of economic measures, stating, "We must minimize the shocks and damages to our economy by preparing for the worst-case scenario where the situation prolongs."

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