Finance Minister Choo Kyung-ho has stressed the need for a coordinated effort among G20 nations to tame steep inflation.
Korea and Japan have agreed to open a $10 billion currency swap line on Thursday after an eight-year hiatus.
The Korean economy faces a colossal crisis. The government must resist populist temptations and restore its weakening fiscal integrity, advised former deputy prime ministers for economic affairs and finance ministers.
Korea JoongAng Daily Sitemap