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President Moon Jae-in said on the 2nd: “If you look at several recently released economic indicators, you can see that our economy is rapidly recovering from past difficulties.” “In the last month of the third quarter, September’s industrial activity, production, consumption and investment are all together. The growing ‘triple rise’ illuminates the prospect that growth will continue into the fourth quarter. “President Moon expressed confidence in the recent economic recovery, saying:” It is becoming the best country in the world in both quarantine and economy. “, including in a speech on the budget bill last week.
President Moon said at a meeting of the chief and advisers chaired by the Blue HouseThe fact that the GDP growth rate in the third quarter showed the steepest increase in 10 years after the global financial crisis and turned positive means that the Korean economy has escaped the sharp decline in the first and second quarters and it has changed to a marked growth trend, “he said.
President Moon said: “Economic sentiment has also improved significantly in October. Both the consumer sentiment index and the business economic index registered double-digit increases, which are the largest increase in 11 years and 6 months, “he said.” This is also a green signal that the speed of the economic recovery will increase. “If we continue with the success of the quarantine and continue the economic recovery trend in the fourth quarter, our economy will be able to recover from the impact of the crown in the first half of next year and enter the normal trajectory.” I will create an economic model country after the country ”.
President Moon said: “With the re-proliferation of the crown, the uncertainty of the world economy is high, as the re-initiation of the blockade measures by countries like France and Germany. Although we are working hard, we cannot be relieved because small-scale corona infections occur continuously. ”
The day before, President Moon revealed his willingness to deal directly with economic problems, such as appointing former Blue House secretaries to vice ministers of top economic ministries. To the extent that the quarantine has reached its normal pace, it is about putting all efforts into the economic problem.
It is also interpreted that the reason why the Party Administration cannot find points of contact in economic problems, such as lowering the property tax for the owner of a real estate house and expanding the capital gains tax, is because the Blue House has strong control. The senior party’s administration also took place the day before, but the government and the Blue House are said to have adhered to the public announcement price of ‘600 million or less’ and that of the Democratic Party’ less than 900 million. of won ‘for standard low to medium priced standard housing to ease property tax.
As for major shareholders, the Democratic Party proposed a “two-year trial period” and the government proposed “500 million won per individual,” which is less than the existing 300 million won, as amendments, but could not conclude. A passport official said, “I know that President Moon’s intention to maintain the property tax reduction standard at 600 million won is strongly reflected.”
Economic problems are significantly affecting the presidential approval rating. According to a survey published by Real Meter on the 2nd, the approval rate for the fourth week of October was 44.9% (23.4% very good, 21.5% on the good side), 0.7% p less than the weekly aggregate for the third week of October. On the other hand, it was found that the negative evaluation rose 1.3 percentage points to 50.9% (15.6% on the wrong side, 35.3% on the very wrong side). President Moon’s approval rating dropped dramatically in Seoul, women, and 30s.
Reporter Seongsoo Lim [email protected]
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