[2023 National Audit] Choo Kyung-ho: "Saemaeul Geumgo Management Innovation Plan to Be Presented Soon"

Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho stated on the 20th, "A management innovation plan for Saemaeul Geumgo will be presented in the near future."

On the same day, during the National Assembly's Planning and Finance Committee audit, Choo responded to a question from Hong Sung-guk, a member of the Democratic Party of Korea, who said, "Saemaeul Geumgo, which is most frequently used by ordinary citizens, has been problematic throughout this year," and asked, "Shouldn't the supervisory authority be transferred from the Ministry of the Interior and Safety to the Financial Services Commission?"

Choo said, "Although Saemaeul Geumgo falls under the jurisdiction of the Ministry of the Interior and Safety, I have taken the lead in gathering financial authorities to form a task force to respond, and now many issues have been resolved, so there are currently no problems with soundness or liquidity."

He continued, "I am not sure how quickly the legislation will progress, but since the Management Innovation Committee is currently reviewing all aspects related to Saemaeul Geumgo's governance and management, an innovation plan will be released soon." He added, "Rather than focusing on changing the supervisory system of Saemaeul Geumgo from the Ministry of the Interior and Safety to the Financial Services Commission, I understand that discussions are prioritizing market stability."

Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho is responding to a lawmaker's question during the audit of the Ministry of Economy and Finance held by the National Assembly's Planning and Finance Committee on the 20th. Photo by Hyunmin Kim kimhyun81@

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