ID :
209350
Mon, 09/26/2011 - 06:52
Auther :
Shortlink :
https://oananews.org//node/209350
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Lee instructs gov't to explain economic situation to public
SEOUL, Sept. 26 (Yonhap) -- President Lee Myung-bak instructed aides Monday to try to offer the public sufficient explanations of the economic situation to ensure that people do not have excessive concerns, his spokesman said.
The remark came amid deepening market jitters that the eurozone fiscal crisis and a stagnant U.S. economic recovery could send the global economy into a double-dip recession. South Korean stocks fell 151.66 points, or 8.2 percent, last week.
"Economic indicators, including stock prices, have a lot to do with psychological factors," Lee said during a meeting with senior presidential secretaries, according to spokesman Park Jeong-ha. "We have to be thoroughly prepared (for the crisis) with a sense of urgency, but we have to offer sufficient explanations to the people so that they won't have excessive concerns."
Park also said that the presidential office is studying whether to reactivate an emergency economic meeting that President Lee had regularly presided over until last year, amid calls from the ruling Grand National Party that Lee should take charge of handling the economic situation.
The remark came amid deepening market jitters that the eurozone fiscal crisis and a stagnant U.S. economic recovery could send the global economy into a double-dip recession. South Korean stocks fell 151.66 points, or 8.2 percent, last week.
"Economic indicators, including stock prices, have a lot to do with psychological factors," Lee said during a meeting with senior presidential secretaries, according to spokesman Park Jeong-ha. "We have to be thoroughly prepared (for the crisis) with a sense of urgency, but we have to offer sufficient explanations to the people so that they won't have excessive concerns."
Park also said that the presidential office is studying whether to reactivate an emergency economic meeting that President Lee had regularly presided over until last year, amid calls from the ruling Grand National Party that Lee should take charge of handling the economic situation.
