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Prime Minister says S. Korea's per capita income to surpass US$30,000 in 2018

All News 18:24 December 31, 2017

SEOUL, Dec. 31 (Yonhap) -- South Korean prime minister Lee Nak-yon said Sunday the country's per capita income is expected to breach the US$30,000 mark next year.

In his New Year's message, Lee said South Korea will likely see its per capita income surpass US$30,000 next spring, but that achievement will bring new tasks to the country.

"We need to let everyone feel and experience fairly even regarding the country's per capita income of US$30,000," he said. "We also need to make our economy keep growing."

Lee said the government will put in their best efforts to improve society to accompany this new level of wealth.

"We will especially protect people's health and safety," he said. "We will execute these tasks faithfully."

Lee said North Korea is expected to keep up its military threats in the new year, but South Korea will work to find the best solutions to its security challenges with the international community.

Lee also asked for people to support the upcoming PyeongChang Winter Olympic and Paralympic Games.

"We need to make Winter Olympic and Paralympic Games successful, so that we can let the world and Korea experience peace and prosperity," he said.

In this file photo taken Dec. 29, 2017, Prime Minister Lee Nak-yon bangs the gavel at a Cabinet meeting at the government building in downtown Seoul. (Yonhap)


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