Thursday, April 23, 2026

Koo Yun-cheol: "High Uncertainty Over Middle East War... Doing Our Best to Stabilize Macroeconomics and Alleviate Burden on People's Livelihoods"

Input
2026-04-23 09:46:04
Updated
2026-04-23 09:46:04
Deputy Prime Minister and Minister of Finance and Economy Koo Yun-chul is speaking at a meeting of the Ministerial Task Force for Special Management of People's Livelihood Prices held at the Government Complex Seoul in Jongno-gu, Seoul, on the morning of the 23rd.
Newsis [Financial News] Deputy Prime Minister and Minister of Finance and Economy Koo Yun-chul stated on the 23rd, "As the ceasefire negotiations in the Middle East war are delayed and uncertainty remains high until the war ends, the government will not let its guard down and will do its utmost to stabilize the macroeconomic environment and alleviate the burden on people's livelihoods. " Deputy Prime Minister Koo presided over the 7th meeting of the Ministerial Task Force for Special Management of People's Livelihood Prices at the Government Complex Seoul on this day and made these remarks, stating, "The first-quarter GDP was announced this morning.
7% compared to the previous quarter, it showed the highest growth rate in 5 years and 6 months since the third quarter of 2020.
" Deputy Prime Minister Koo added, "In addition to strong exports driven by the semiconductor boom, the revitalization of the capital market pursued since the launch of the government, "Policy effects, such as consumption support measures, also contributed significantly," he said, adding, "I believe that responding swiftly to the Middle East war also played a part.
8 percentage points and that no contraction in consumption was observed.
"
Newsis [Financial News] Deputy Prime Minister and Minister of Finance and Economy Koo Yun-chul stated on the 23rd, "As the ceasefire negotiations in the Middle East war are delayed and uncertainty remains high until the war ends, the government will not let its guard down and will do its utmost to stabilize the macroeconomic environment and alleviate the burden on people's livelihoods. " Deputy Prime Minister Koo presided over the 7th meeting of the Ministerial Task Force for Special Management of People's Livelihood Prices at the Government Complex Seoul on this day and made these remarks, stating, "The first-quarter GDP was announced this morning.
syj@fnnews.com Seo Young-jun Reporter