President Moon Jae-in said it is the duty of the administration to increase government expenditure to boost the economy when times are tough.<br />He was speaking today in a meeting economy-related ministers, a meeting he chaired himself for the first time in ten months. Take a listen.<br />"In order to overcome reduced exports and investment due to slowing global economic growth, the government should actively take the lead by increasing support for exporting firms and boosting private investment."<br />The president also mentioned the need to boost consumer spending to drive the economy.<br />He said there was "good news for the economy..." in recent investments in the sectors of system semiconductors, displays, future cars and biohealth a trend he said needs to continue.<br />He also asked for parliament's support in implementing next year's budget.<br />
