President Moon: "Nominee for Minister of Land's 'Real Estate Supply' Plan Requires Efforts from Ministry of Economy and Finance as Well"

President Moon Jae-in [Photo by Yonhap News]

[Asia Economy Reporter Son Sun-hee] President Moon Jae-in said on the 8th regarding real estate issues, "I hope the Ministry of Economy and Finance will also make special efforts, such as fully consulting on the supply plan that the new Minister of Land, Infrastructure and Transport candidate is considering," the Blue House reported.

Kang Min-seok, spokesperson for the Blue House, stated in a written briefing that afternoon, "President Moon received a confidential business report from Deputy Prime Minister for Economy Hong Nam-ki," and revealed this. On the 4th, President Moon appointed Byun Chang-heum, president of Korea Land and Housing Corporation, as the successor to Kim Hyun-mi, Minister of Land, Infrastructure and Transport.

After receiving a report on next year's economic policy direction from Deputy Prime Minister Hong, President Moon said, "This year, the Korean economy is expected to have the highest GDP growth rate among OECD countries, and exports are also rebounding," and praised, "The economic team has managed the economy very well this year despite the difficulties caused by COVID-19." He added, "I hope they will continue to do well next year."

In addition, President Moon requested active support from financial authorities regarding securing COVID-19 treatments and vaccinations.

President Moon reiterated, "Despite the uncertainties of COVID-19, I hope that next year the Korean economy will break away from negative growth and rebound rapidly with all-out efforts."

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