Hong Nam-ki: "Focus on 'Export All-In' Strategy Including Supply Chain Response"
[Sejong=Asia Economy Reporter Kim Hyunjung] Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, urged heads of financial-related institutions to adopt an 'All in' export strategy, including responses to the global supply chain.
On the afternoon of the 7th, Hong held a New Year's meeting with heads of related institutions at the Government Seoul Office to review new year tasks, communicate, and share information. The meeting was attended by five institution heads: Visit Kyoo, President of Korea Eximbank; Park Yong-joo, Director of Korea Fiscal Information Service; Ban Jang-sik, President of Korea Minting and Security Printing Corporation; Jin Seung-ho, President of Korea Investment Corporation; and Choi Jae-young, Director of the International Finance Center.
After listening to each institution head's report on their respective work status and major plans for 2022, Hong asked them to thoroughly manage their duties and especially focus on the following key tasks.
He emphasized to the Eximbank to place special emphasis on the 'All in' export strategy, including responses to the global supply chain and support for companies' overseas project orders, while also ordering the International Finance Center to support the three core risk alert functions: the Real-time Warning System (RWS), the Leading Risk Index (LWS), and the Early Warning System (EWS).
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He then requested the Korea Fiscal Information Service to ensure the early stabilization of the next-generation budget accounting system (dBrain+), which was launched on the 3rd, and asked the Korea Minting and Security Printing Corporation to strengthen its role in the digital transformation era, including mobile ID services. Additionally, he emphasized to the Korea Investment Corporation to strive for stable investment returns on entrusted assets while also paying attention to leading ESG investments.
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