Live Broadcast of Emergency Economic and Livelihood Meeting Chaired by Yoon... Conveying the 'Direction of the Economic Crisis' to the People

On the 27th, the 11th Emergency Economic and Livelihood Meeting to be Opened to the Entire Nation... "President's Plan to Convey Determination to Overcome Economic Crisis"

[Image source=Yonhap News]

[Asia Economy Reporter Baek Kyunghwan] The Emergency Economic and Livelihood Meeting chaired by President Yoon Suk-yeol will be broadcast live nationwide. This is to inform the public in detail about the president's plans to manage risks amid difficult economic conditions and to convey the determination to overcome them.

Lee Jae-myung, deputy spokesperson of the Presidential Office, announced the 11th Emergency Economic and Livelihood Meeting during a briefing at the Yongsan Presidential Office on the afternoon of the 20th, stating, "This Emergency Economic and Livelihood Meeting will be fully open to the media and the public."

The Emergency Economic and Livelihood Meeting was initiated based on President Yoon's idea to visit livelihood sites directly, listen to the difficulties of the people, and prepare measures such as responding to high inflation. The meeting has been conducted in a format where ministers of economic-related departments report and discuss various issues. Until now, only the president's opening remarks were made public, and detailed information was delivered through post-meeting briefings.

The 11th meeting will be held in a format where President Yoon discusses "responses to economic risks and plans to secure new growth and export momentum" together with ministers of related departments. The idea to broadcast the meeting live was proposed by President Yoon. This decision is interpreted as reflecting internal and external opinions that the government's determination to overcome economic difficulties and policy directions have not been well communicated.

A Presidential Office official said, "Not only economic departments but all necessary departments will attend. It will be a time to put our heads together with the president to discuss how to respond to the current risks," adding, "It was prepared with the purpose of informing the public in detail and uniting the will to overcome the risks."

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