Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, is speaking at the 7th Emergency Economic Central Countermeasures Headquarters meeting held at the Government Seoul Office in Jongno-gu, Seoul on the 19th. Photo by Moon Ho-nam munonam@

Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, is speaking at the 7th Emergency Economic Central Countermeasures Headquarters meeting held at the Government Seoul Office in Jongno-gu, Seoul on the 19th. Photo by Moon Ho-nam munonam@

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[Asia Economy Reporter Kim Hyunjung] Hong Namgi, Deputy Prime Minister and Minister of Economy and Finance, stated on the 24th, "The government must also cooperate to the fullest extent to reach an agreement among labor, management, and the government."


Deputy Prime Minister Hong held a meeting of related ministers (Green Room Meeting) at the Government Seoul Office that morning and made the remarks. After the meeting, he explained, "In the difficult economic situation caused by COVID-19, an agreement among labor, management, and the government will serve as a model case of social grand compromise," adding, "We shared the recognition that the government must cooperate to the fullest extent possible within its capacity to reach an agreement."



He also conveyed, "Regarding the reform of the Basic Livelihood Security System, we decided to discuss reform plans comprehensively considering policy effects and the ripple effects on the entire system."


This content was produced with the assistance of AI translation services.

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