Home > United Nations Online Network in Public Administration and Finance (UNPAN)
1. Global
Global
2. Africa
Africa
3. Arab States
Arab States
4. Asia & Pacific
Asia & Pacific
5. Europe
Europe
6. Latin America & Caribbean
Latin America & Caribbean
7. North America
North America
UNPAN Asia & Pacific




Public Administration News  
Share
S. Korean Gov't to Maintain Expansionary Monetary Policy
Source: english.chosun.com
Source Date: Thursday, May 20, 2010
Focus: ICT for MDGs
Country: Korea (Republic of)
Created: May 24, 2010

Finance Minister Yoon Jeung-hyun says the government will maintain its expansionary monetary policy for a while given the economic uncertainties in Europe.

Yoon explained that the global financial market is still unstable due to the European debt crisis and factors contributing to rising prices in global raw materials.

He added the ministry will do its best to secure economic recovery and boost employment.

Experts say Yoon's latest remark reflects the government's stance that it is too early for a hike in the nation's key interest rate.
News Home

 Tag This
 Tell A Friend
 Favorite
del.icio.us digg this Slashdot
Rate:
0 ratings
Views: 196

Comments: 0 Favorited: 0 Bookmarked: 0 Tagged: 0



0 Comments | Login to add comment

Site map | FAQs | Terms and Privacy | Contact Us
Copyright 2008-2010 by UNPAN - United Nations Public Administration Network