South Korean Prime Minister Kim Min-seok announces emergency economic teams at Cheong Wa Dae amid Middle East crisis.
South Korean Prime Minister Kim Min-seok announces emergency economic teams at Cheong Wa Dae amid Middle East crisis.
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청와대·총리실, 중동 위기 대응 긴급 경제팀 출범

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김민석 국무총리가 25일 중동 위기에 대응하기 위해 청와대와 총리실에 긴급 경제팀을 출범시킨다고 발표했다. 미국·이스라엘·이란 간 전쟁의 여파 확대에 따른 조치다. 최악 시나리오를 포함한 장기화에 대비한 선제 대응 체계 강화다.

서울 정부세종청사에서 25일(수) 브리핑을 가진 김민석 국무총리는 청와대에 긴급경제상황실을, 총리실 산하에 긴급경제본부를 설치한다고 밝혔다. 이는 미국, 이스라엘, 이란을 포함한 중동 전쟁의 경제적 여파가 확대됨에 따른 것이다. 한국타임스와 연합뉴스 보도에 따르면, 김 총리는 “지금은 최악의 시나리오를 포함한 장기화 상황에 대비해 정부의 선제적 대응 체계를 강화할 때”라고 말했다. 이 조치는 중동 사태의 장기화 가능성을 염두에 둔 정부의 선제적 대처로, 경제적 충격을 최소화하기 위한 포괄적 대응 체계를 구축하는 데 초점을 맞춘다. 청와대 상황실과 총리실 본부는 정부의 경제 대응을 총괄할 예정이다.

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South Korean officials in a control room monitoring forex and oil markets amid Mideast crisis and US rate freeze.
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South Korea to monitor FX closely amid Mideast crisis, U.S. rate freeze

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South Korea's government vowed to deploy all resources to stabilize financial markets amid escalating Middle East tensions and the U.S. Federal Reserve's rate freeze. Finance Minister Koo Yun-cheol emphasized 24-hour monitoring of foreign exchange markets with timely interventions if needed. Authorities also raised the crude oil supply disruption alert to Level 2 and secured 24 million barrels from the UAE.

Prime Minister Kim Min-seok vowed on March 29 to take preemptive measures against possible shortages of daily necessities amid the Middle East crisis disrupting global energy markets and driving up prices. Speaking at an emergency economic headquarters meeting, he described the conflict's aftermath as a complex crisis involving energy supply instability and global supply chain disruptions.

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President Lee Jae Myung will preside over an emergency meeting with related ministries on Monday to review the economic impact from heightened tensions in the Middle East and discuss response measures, Cheong Wa Dae said Sunday. The meeting will focus on global financial markets and oil prices. South Korea, heavily reliant on energy imports, is particularly vulnerable to external price shocks.

South Korea's government, ruling Democratic Party and presidential office agreed on a 25 trillion-won supplementary budget to address the Middle East crisis. The bill is set for submission to the National Assembly by end-March and passage on April 10. It aims to ease high oil prices and economic uncertainties.

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President Lee Jae Myung vowed on April 5 to mobilize all resources to prevent the Middle East conflict from escalating into a larger crisis for South Korea. He highlighted the war, sparked by U.S.-Israeli attacks on Iran, as rattling the global and recovering South Korean economies. Lee urged national unity in an Easter message emphasizing peace and solidarity.

Deputy finance ministers from South Korea, China, Japan and ASEAN discussed economic impacts and responses to the Middle East conflict. The virtual ASEAN+3 Finance and Central Bank Deputies' Meeting on Wednesday heard warnings from the IMF and ADB about downside risks to the global economy from rising geopolitical tensions. Participants shared policy measures and called for closer regional coordination.

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South Korea's National Assembly passed a 26.2 trillion-won ($17.7 billion) extra budget bill on April 10 to address economic fallout from the Middle East conflict, with a 214-11 vote. The ruling Democratic Party and opposition People Power Party agreed to maintain the government's proposed size. About 35.8 million people will receive cash payments ranging from 100,000 to 600,000 won based on income and region.

 

 

 

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