Pres. Moon says he's not dropping any key economic growth initiatives
- 6 years ago
And the Cabinet endorsed that budget for next year this morning... in its regular meeting with President Moon Jae-in.
Speaking to to his top aides,… the President said,.... the administration's three leading economic policies,... namely income-led growth, innovative growth and the fair economy initiative,... should all move forward as one package.
"The government's mission is to break away from the out-of-date paradigm that dragged down the economy and to eventually leap forward into a new paradigm. It's the government's mission to carry out economic policies with confidence."
Mr. Moon then said,.... the higher minimum wage is only part of many other plans to raise household incomes,... and that he has no intention of dropping any of his key growth initiatives.
But he also noted that his policy initiatives could change should it become necessary.
Speaking to to his top aides,… the President said,.... the administration's three leading economic policies,... namely income-led growth, innovative growth and the fair economy initiative,... should all move forward as one package.
"The government's mission is to break away from the out-of-date paradigm that dragged down the economy and to eventually leap forward into a new paradigm. It's the government's mission to carry out economic policies with confidence."
Mr. Moon then said,.... the higher minimum wage is only part of many other plans to raise household incomes,... and that he has no intention of dropping any of his key growth initiatives.
But he also noted that his policy initiatives could change should it become necessary.