Deputy Prime Minister Choo Kyung-ho emphasized that ‘inflation stability’ is the top priority, and said that the supplementary budget cannot be stopped. Candidate Hee-ryong Won for Minister of Land, Infrastructure and Transport announced that he would implement a stable and prudent real estate policy without spurring real estate prices.
Next is reporter Kim Hyung-rae.
<기자>
Deputy Prime Minister Choo Kyung-ho diagnosed that it is a ‘severe situation’ in which economic growth is slowing while prices are rising steeply.
Household and national debt is also at an all-time high, so macro policies that can be mobilized are limited.
Candidate Chu declared that he would take the price first.
[추경호/경제부총리 후보자 : 경제 장관들이 원팀이 돼서 이런 당면 현안인 물가 안정을 최우선 과제로 두면서 풀어나가도록 그렇게 하겠습니다.]
The problem is that this policy direction may conflict with the 50 trillion won additional budget for compensation for COVID-19 losses, which is the representative promise of President-elect Yoon Seok-yeol.
As more money is released in the market, the pressure on inflation is getting stronger. Candidate Chu said, “We cannot stop the supplementary budget,” but he will think regarding what kind of combination he can use to achieve results.
Candidate Hee-ryong Won for the Minister of Land, Infrastructure and Transport, who will lead the real estate policy, emphasized the ‘prudent approach’ several times.
[원희룡/국토교통부 장관 후보자 : 부동산의 가격을 불필요하게 자극하는 부분들에 대해서는 매우 안정 위주고 신중한 방향으로 움직이도록 할 것입니다.]
They also replied that they accepted the point of lack of professionalism as a means to play a political role in coordinating various experts.
Candidate Hyun-sook Kim for the Minister of Recreation said, “It is difficult to predict the timing of the abolition of the Ministry of Leisure as we plan to collect sufficient opinions.”
