Vice Minister Ki Jae presides over the 'Expert Policy Meeting on Establishing the Medium-Term Fiscal Management Plan'

Ahn Il-hwan, 2nd Vice Minister of Strategy and Finance. (Photo by Yonhap News)

Ahn Il-hwan, 2nd Vice Minister of Strategy and Finance. (Photo by Yonhap News)

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[Asia Economy Reporter Moon Chaeseok] The government announced that it plans to effectively allocate resources to curricula and vocational training from elementary schools to universities in order to nurture 300,000 talents who will lead the Korean New Deal over the next five years.


The Ministry of Economy and Finance stated that Second Vice Minister An Ilhwan chaired an expert policy meeting at the Government Seoul Office on the morning of the 20th. The meeting was held to establish next year's budget and the medium-term fiscal management plan.


The meeting was attended by Ministry of Economy and Finance officials including Vice Minister An, senior research fellow Choi Kyungsoo from the Korea Development Institute (KDI), Vice President Ha Yeonseop of Yonsei University International Campus, and Deputy Director Kang Kyungjong of the Korea Research Institute for Vocational Education and Training, among other experts.


In his opening remarks, Vice Minister An said, "This year, the budget was allocated with a focus on building infrastructure for nurturing future innovative and convergent talents," adding, "In particular, aiming to nurture 300,000 leading talents for the Korean New Deal by 2025, we will actively support the cultivation of innovative talents in the digital and green sectors starting this year."


To this end, the government plans to continuously expand software (SW)-centered universities and artificial intelligence (AI) graduate schools.


Vice Minister An emphasized, "There is a need to quantitatively and qualitatively strengthen talents in new industry sectors, and for this, it is necessary to innovate the talent development system."


He diagnosed, "From the perspective of financial support, it is necessary to review effective resource allocation among various fields such as elementary and secondary education, higher education, university education, and vocational training."



He added, "We must carefully examine whether the financial support system is equipped to ensure that the workforce needed in the industrial field can be supplied sufficiently both quantitatively and qualitatively, and find points for improvement."


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

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