[2025 Audit] Lee Changyong: "Bank of Korea Should Participate as Decision-Maker in Macroprudential Policies Including DSR"

Lee Changyong, Governor of the Bank of Korea, stated that it is necessary to improve the system so that the Bank of Korea can participate as a decision-maker in determining the debt service ratio (DSR).

During the National Assembly's Planning and Finance Committee audit on the 20th, Governor Lee responded to a question from Oh Ki-hyung, a lawmaker from the Democratic Party of Korea, who asked whether the Bank of Korea should have the authority to manage the DSR. Lee said, "Such a change would require a very significant institutional reform," and added, "Currently, the Bank of Korea only provides advice on macroprudential policies, including the DSR. I believe it is necessary to improve the system so that the Bank of Korea can participate as a decision-maker."

Lee Chang-yong, Governor of the Bank of Korea, is responding to lawmakers' questions during the National Assembly's Planning and Finance Committee's audit of the Bank of Korea held at the Bank of Korea in Jung-gu, Seoul, on the 20th. Photo by Yonhap News

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