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S. Korea to call for int'l coordination for stable global growth

All News 14:56 January 15, 2019

SEJONG, Jan. 15 (Yonhap) -- South Korean policymakers plan to call for international coordination for stable global growth at a meeting of officials from the Group of 20 leading economies, the finance ministry said Tuesday.

Kim Hoe-jeong, deputy minister for international affairs at the Ministry of Economy and Finance, is set to ask for coordination in coping with downside risks over trade frictions and uncertainty in monetary policies at the meeting, the ministry said.

Ryoo Sang-dai, a deputy governor at the Bank of Korea, is also scheduled to attend the meeting.

The meeting -- set to be held Thursday and Friday in Tokyo -- will bring together finance and central bank deputies of the G-20 countries, as well as Singapore, Spain, Vietnam and five other invited countries, and officials of the International Monetary Fund and the World Bank.

The participants plan to gauge economic risk factors facing the world and discuss policy measures to deal with aging populations and global imbalances, the ministry said.

The meeting will lay the groundwork for a G-20 summit set to be held in Osaka in June.

The Ministry of Economy and Finance in Sejong City (Yonhap)

The Ministry of Economy and Finance in Sejong City (Yonhap)

entropy@yna.co.kr
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