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THE INVESTOR

Finance

Yoo holds IR session in US to boost investment

  • PUBLISHED :January 10, 2017 - 11:39
  • UPDATED :January 10, 2017 - 11:39
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[THE INVESTOR] South Korea’s Finance Minister Yoo Il-ho met with US investors to explain the country’s fiscal policy and reform measures in efforts to encourage foreign investment, his officials said on Jan. 10.

In a meeting with officials from global asset management firms including Fidelity and MFS at a hotel in Boston on Jan. 9 (US time), Yoo talked about the current political and economic situation in the South Korean economy and shared views on the global economic outlook, according to the Finance Ministry.

He also said that the South Korean government maintains its expansionary fiscal stance to boost the economy and will carry out sweeping structural reform to deal with downside pressures at home and abroad.

The top economic policymaker is on a five-day trip to the United States to meet with investors and media.

(theinvestor@heraldcorp.com)
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