Measures to Promote Investment and Support the Job Market
The government announced its measures to promote investment and support the job market, which focus on 1) encouraging the private sector, 2) improving regulations to stimulate innovation, and 3) supporting the job market.
The economy has been losing momentum as private sector investment and employment have been weak. External risks also linger as trade conflicts between the US and China are growing and major countries have begun monetary policy normalization. The measures have been drawn up to help the economy regain momentum.
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The Economic Bulletin is a monthly English publication that covers the current status and future outlook of the Korean economy, as well as key economic policies and indicators. By sharing such information with foreign residents in Korea and international opinion leaders, the Economic Bulletin aims to generate a greater international level of understanding on the Korean economy.