[Breaking] Kim Yong-beom, Vice Minister, "Actively Induce Market Liquidity into Productive Investment"
[Asia Economy Reporter Kwangho Lee] Kim Yong-beom, First Vice Minister of the Ministry of Economy and Finance, said on the 4th, "We will actively induce the inflow of liquidity into productive investments so that abundant market liquidity can be utilized as a driving force for economic rebound."
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At the macroeconomic and financial meeting held at the Bankers' Hall in Seoul on the same day, Vice Minister Kim stated, "During the response to the novel coronavirus infection (COVID-19) crisis, liquidity expanded globally, but short-term idle funds waiting for suitable investment destinations have increased, and there is a phenomenon of capital concentration in some asset markets such as real estate where expected returns are high."
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