Choi Acting Chief and F4 Hold Meeting: "New US Administration Launches Next Week... Closely Monitoring Domestic and International Uncertainties"

by Jo Youjin

Published 17 Jan.2025 08:47(KST)

Macroeconomic and Financial Issues Meeting Held

Yonhap News

Choi Sang-mok, Acting President and Deputy Prime Minister as well as Minister of Economy and Finance, instructed on the 17th, "Given the significant domestic and international uncertainties due to the upcoming inauguration of the new U.S. administration next week, all agencies must closely monitor the policies of the new U.S. administration and trends in the international financial markets."

Acting President Choi made these remarks while presiding over the Macroeconomic and Financial Issues Meeting (F4 Meeting) on the same day. The meeting was attended by Lee Chang-yong, Governor of the Bank of Korea, Kim Byung-hwan, Chairman of the Financial Services Commission, and Lee Bok-hyun, Governor of the Financial Supervisory Service.

Acting President Choi emphasized, "We will make every effort to manage the financial and foreign exchange markets as stably as possible," and urged, "To ensure that there is not the slightest wavering in our external credibility, each agency should actively explain the solid fundamentals of our economy to the international community, including by holding a Korean Economic Briefing (IR) hosted by the Ambassador for International Financial Cooperation."