The view of Cheongwadae from Namsan, Seoul on the 11th. Photo by Hyunmin Kim kimhyun81@

The view of Cheongwadae from Namsan, Seoul on the 11th. Photo by Hyunmin Kim kimhyun81@

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[Asia Economy Reporter Lee Ji-eun] President Moon Jae-in urged that despite managing household debt, efforts should be made to ensure that actual demand borrowers, such as those with jeonse loans, do not face difficulties.



On the morning of the 6th, during a staff meeting, President Moon received a report on the Ministry of Land, Infrastructure and Transport's announcement of the 'Improvement of the Dormitory-type Youth Housing Jeonse Loan System' and stated, "While managing household debt is an unavoidable situation, I hope policy efforts will be made so that actual demand borrowers, such as those with jeonse loans, do not experience difficulties."


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