[THE INVESTOR] The following are some of the key economic policy measures planned for the second half of the year:


General economic stimulus 

- Spend a total of 20 trillion won (US$16.9 billion), including 10 trillion won, in supplementary budget, to maintain the expansionary fiscal mode

- Increase financial benefits to facilitate environment-friendly consumption and investment

- Minimize the impact of corporate restructuring by supporting jobless workers and offering aid to provinces where companies under restructuring are located

Job creation

- Encourage companies to pre-emptively address fast-changing global trends

- Funnel capital into state-run policy lenders to support corporate reforms 

- Foster new sectors and new technologies

Risk-control 

- Run task forces to monitor domestic and international financial markets
- Implement market-stabilizing measures in accordance with contingency plans

- Step up global policy coordination with Group of 20 members, international organizations, and regional neighbors

(theinvestor@heraldcorp.com)