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Gov't to support projects aimed at revitalizing regional economies: Finance Minister

2018-10-10 0 Dailymotion

South Korea's finance chief has promised to mobilize every means possible to create jobs and boost regional economies struggling with slumping business.<br /> Meeting on Tuesday with the administrative chiefs of nine regions in the emergency response zones,... Kim Dong-yeon said the government will support projects aimed at revitalizing regional economies and creating jobs,... without having to be tied to the existing policy framework.<br />In May, the government designated Ulsan , Geoje , Mokpo and several other regions as emergency response zones to receive special job support and tax incentives.<br />Some of the regions have higher unemployment rates than the national average,... contributing to the nation's worst job conditions since the global financial crisis. <br />

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