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President Moon likely to discuss economic difficulties during Cabinet meeting

2019-10-08 41 Dailymotion

President Moon Jae-in, during a weekly Cabinet meeting at the top office is likely to discuss the main problems affecting the economy.<br /> The president may call on parliament to help process bills directly related to the economy and people's livelihoods. <br />In recent months,... multiple economic organizations and research institutes have downgraded Korea's economic growth outlook over the slowing global economy and a fall in domestic consumption-- not to mention the recently soured relations with Japan that took a toll on many local businesses.<br />Korea is also projected to suffer a sharp fall in its trade surplus due to growing trade protectionism around the world. <br />

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