Korea to reduce bond issuance of state-run firms, stabilize market Korea plans to reduce the issuance of bonds by state-run companies, the finance ministry said Monday, in line with the country's efforts to stabilize the bond market hit by uncertainties. 2022.11.28
Korea to begin eased lending rules next month Korea will carry out eased lending rules for first-time homebuyers and owners of one home next month as the once-hot housing market appears to be entering a downturn amid rising interest rates, the land ministry said Thursday. 2022.11.10
Finance minister promises support for shipping firms, startups Korea plans to provide a wide array of support to local shippers and venture companies to add vitality to the weak investment sentiment amid the looming global recession, the finance minister said Friday. 2022.11.4
Choo insists on discipline as Korea's fiscal deficit jumps The fiscal deficit jumped 70 percent on year in the first eight months of the year as the government spent heavily on Covid relief and on support for lower-income households, though in the month of August a surplus was achieved. 2022.10.13
Businesses should lead the economy, Finance Minister Choo says "The government is planning bold regulatory rollback through tax reforms, including corporate tax and inheritance tax cuts," Choo said in a meeting with business lobbies on Thursday. 2022.6.2
![Finance Minister Choo Kyung-ho speaks during a meeting in Seoul on Nov. 28. [YONHAP]](https://image.koreajoongangdaily.com/11483099.jpg?imageId=11483099&width=240&height=184&format=webp&format=jpg)
![Finance Minister Choo Kyung-ho, second from left, shakes hands with Land Minister Won Hee-ryong, second from right, ahead of a ministers' meeting in Seoul on Nov. 10. [YONHAP]](https://image.koreajoongangdaily.com/11289453.jpg?imageId=11289453&width=240&height=184&format=webp&format=jpg)
![Finance Minister Choo Kyung-ho speaks during a meeting in Seoul on Nov. 4. [YONHAP]](https://image.koreajoongangdaily.com/10946723.jpg?imageId=10946723&width=240&height=184&format=webp&format=jpg)
![Finance Minister Choo Kyung-ho meets with foreign investors in New York on Tuesday. He is currently visiting the U.S. promoting Koreaand meeting with international officials, including the World Bank president, in Washington. [MINISTRY OF ECONOMY AND FINANCE]](https://image.koreajoongangdaily.com/10145812.jpg?imageId=10145812&width=240&height=184&format=webp&format=jpg)
![From left, Lee Kwan-sup, Korea International Trade Association vice chairman, Kim Ki-mun, Korea Federation of SMEs chairman, Sohn Kyung-shik, Korea Enterprise Federation chairman, Choo Kyung-ho, Finance Minister, Chey Tae-won, Korea Chamber of Commerce and Industry chairman, Huh Chang-soo, Federation of Korean Industries chairman and Choi Jin-shik, Federation of Middle Market Enterprise of Korea chairman, pose before a meeting at the Korea Chamber of Commerce and Industry’s office in Seoul on Thursday. [JOINT PRESS CORPS]](https://image.koreajoongangdaily.com/11773271.jpg?imageId=11773271&width=240&height=184&format=webp&format=jpg)