Económico Economic boss “Even if I have to pay my debt, I will protect my financial health” -Chosun.com



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Ticket 2020.05.14 22:30
The | Review 2020.05.14 22:37

Concerns about the high national debt ratio
“Even if we issue deficit government bonds, we must sustain growth.”
“The second quarter is going to hit the bottom of the economy.


Lee Ho-seung, head of economic affairs at the Blue House, was reported to have spoken to the candidates for the April 15 presidential election with the intention of saying, “Even if we issue a deficit bond, maintaining the growth rate is a way to protect fiscal soundness. ” As government fiscal spending increased due to the Moon Jae-in government, concerns about fiscal robustness have increased as the ratio of national debt to GDP has risen sharply. However, Cheong Wa Dae’s economic team believes that even if he pays off the debt, he needs to boost the economy to manage the national debt ratio.

Lee Ho-seung, head of the Blue House, attends the debate, the 21st National Assembly elected by the Democratic Party, held in the National Assembly Hall on 14. / yunhap news
Lee Ho-seung, head of the Blue House, attends a debate at the 21st National Assembly elected by the Democratic Party, held in the National Assembly Hall on the 14th. / Yunhap news

This afternoon, in the National Assembly Hall, Democratic researcher Think Tank Democratic researcher lectured to April 15 presidents-elect at the forum on the topic “Moon Jae-in Post-Crown Prospects and Government Tasks” . In this position, Lee said: “As the ratio of national debt to national debt is relative to GDP, if GDP collapses, the ratio is bound to increase.” Participants said.

Lee presented the data comparing the national debt ratios of Korea and other countries, saying that Korea’s national debt ratio is lower than that of major countries like Europe. It is also said that the increase in the national debt index of other countries is also due to a decrease in the growth rate. It is understood that Lee said this means that even if the numerator “national debt” itself increases in the national debt index, if the denominator “GDP” is removed, the national debt index can be managed at a certain level.

Lee also reportedly emphasized the need for the third supplemental budget. In this regard, the executive director met with journalists after the conference and said: “If the 21st National Assembly is launched, shouldn’t we have a third visit?”

Regarding the low point of the economic downturn caused by the crown crisis, Lee said: “Everyone who talks about (the game’s prospects) says, ‘Self-determination doesn’t make sense.’ However, he did tell many stories about ‘ Isn’t it low in the second quarter? ‘

Regarding the ‘national employment insurance system’ promoted by President Moon Jae-in, Lee said: “Every time there is an external shock or crisis, it is difficult to be covered by employment insurance and employment as special employment, freelancers, platform workers, etc. The shape is changing. It is also necessary to respond to such a structural change. “Lee said:” Is it not necessary to prepare legislation in the 21st National Assembly (regarding the extension of coverage)? “

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