This was revealed at the National Assembly's Special Committee on Budget and Accounts held on the same day. Choi was told by Kim Seong-won, a lawmaker from the ruling People Power Party, that "the recession felt by the public and the government's optimistic view are
When asked, "What is the gap between the actual and forecast figures?" he replied, "Basically it's because there is a disconnect between export-related economic indicators and the actual feeling."
Choi added, "The negative export performance is in 2022 and 2023.
"If you look at it from a broader perspective, things are improving overall. In reality, the pace of improvement in the areas of public welfare and domestic demand has not kept pace, and high interest rates and high prices have accumulated.
"The government is working to make it as soon as possible for the economy to recover," he said.
I think the answer at this stage is to state that we will respond."
2024/11/13 06:04 KST
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