South Korea’s livelihood and economic prospects are not optimistic. South Korean government: will mobilize all forces to stabilize prices

Summary

[South Korea’s economic prospects for people’s livelihood are not optimistic. The South Korean government: will mobilize all forces to stabilize prices]The Ministry of Planning and Finance of South Korea reported on the work plan for 2022 to President Moon Jae-in on the 22nd. According to the plan, the Ministry of Finance regards stabilizing the people’s livelihood economy as a top priority, and for this reason will introduce a departmental responsibility system and increase the management of the supply and demand of people’s biological resources. The Ministry of Finance of South Korea predicts that the South Korean economy is expected to maintain the momentum of recovery next year. However, due to uncertainties at home and abroad, the livelihood and economic prospects of the people are not optimistic. The South Korean government will mobilize all efforts to stabilize prices. (Interface News)

Yonhap News Agency reported on December 22 that the Ministry of Planning and Finance of South Korea reported to President Moon Jae-in on the work plan for 2022 on the 22nd. According to the plan, the Ministry of Finance regards stabilizing the people’s livelihood economy as a top priority, and for this reason will introduce a departmental responsibility system and increase the management of the supply and demand of people’s biological resources.

The Ministry of Finance of South Korea predicts that the South Korean economy is expected to maintain the momentum of recovery next year. However, due to uncertainties at home and abroad, the livelihood and economic prospects of the people are not optimistic. The South Korean government will mobilize all efforts to stabilize prices.

The South Korean government will introduce a departmental responsibility system, and each department will supervise the price trends in the areas in which they are in charge and formulate a price stabilization plan. For example, the Ministry of Agriculture and Food is responsible for the management of prices of agricultural and livestock products and catering, and the Ministry of Trade, Industry and Energy is responsible for the management of prices of industrial products such as petroleum and durable products.

In order to alleviate market price fluctuations, the Korean government will further strengthen the management of the supply and demand of civilian biological resources and continue to improve relevant systems. The South Korean government plans to control the increase in public utility charges before the first quarter of next year.In addition, the South Korean government strives to stabilize raw material prices andOil price, Flexibly operate the six major non-ferrous metal reserves, and expand tax reductions for some gas stations.

(Article Source: Interface News)

Article source: interface news

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Original title: South Korea’s livelihood and economic prospects are not optimistic, the South Korean government: Will mobilize all forces to stabilize prices