Speaking at an emergency macroeconomic and financial issues meeting, Choi also said the government will expedite implementation of key policies such as stock market value enhancement, inclusion of government bonds in the World Government Bond Index (WGBI) and advancement of capital and foreign exchange markets.“We will continue 24-hour monitoring of financial and foreign exchange markets,” said Choi.“Our efforts to maintain Korea's external creditworthiness will also continue, including the hosting of Korean investor relations events, appointing ambassadors for international finance and investment cooperation, launching a government task force for foreign investor ombudsman activities and strengthening incentives for foreign investment.” The Monday meeting, known as the F4 Meeting, was attended by Bank of Korea Governor Lee Chang-yong, Financial Services Commission Chairman Kim Byoung-hwan and Senior Deputy Governor of the Financial Supervisory Service Lee Se-hoon.
South Korea's government will host an overseas investor relations session to explain the country’s economic conditions and unveil market-boosting measures, Deputy Prime Minister and Finance Minister Choi Sang-mok said on Monday.
ASEAN+3 AMRO MEETINGSeparately, the finance minister attended the ASEAN+3 Macroeconomic Research Office (AMRO) meeting held in Seoul to emphasize the lessened economic uncertainty following the impeachment of President Yoon Suk Yeol on Saturday.
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