Kim Dong-yeon "Economy of 2H09: 3% growth to recover … Political speed": Biz N

The Caucus New Zealand participates in the G20 Finance Ministers' Ministerial Meeting
New Zealand Businessmen and Luncheon Meeting …

Kim Dong-yeon, Deputy Prime Minister Minister and Minister of Finance and Planning, said the 20: "The main objective of the economic operation in the second half of the year is to restore growth of 3% through political efforts.

Deputy Prime Minister Kim met with key officials from the New Zealand Department at 2:00 pm (local time) on the occasion of a caucus meeting to discuss major issues such as tax reform , growth of innovation and budgeting.

Deputy Prime Minister Kim arrived in New Zealand en route to Argentina to attend the G20 Finance Ministers' Meeting. In Korea, first and second deputy ministers, first-clbad officials and spokespersons attended the Seoul government building.

Kim said: "We lowered our growth forecast from 3.0% initially to 2.9%, taking into account general uncertainty, downside risk and population sentiment, but we should try to regain 3% growth. . He added, "We need to accelerate second-half economic policy and support measures for low-income people." The tax reform plan announced at the end of the month aims to improve the distribution of income and the creation of new businesses. jobs and growth of innovation. "We will be ready without hesitation."

Kim also said, "The EITC, which has been radically reformed over the past 10 years, was designed to benefit low-income workers and businesses, and we should also make arrangements with the Service. National taxes to improve the system to make changes (once a year → twice a year). "

As part of the growth of innovation," the project of "Large-scale business investment is centered on the growth center of innovation and will be realized in a short time," he added. Please, do your best to implement measures related to entrepreneurship so that there is no ".

He added:" The direction of fiscal training next year is to increase investment to solve the structural problems of our society by securing the social safety net and strengthening the stability of employment. " He added: "We are going to focus on looking for projects for the future."

Kim had lunch with Korean businessmen who came to New Zealand just before the distant caucus and had talked about how to advance abroad.

Local entrepreneurs have requested the expansion of limited employment visas to 10 occupations at the time of the Korea-New Zealand renegotiation of the FTA for professions with strong points such as the IT fields.

Regarding the advancement of youth employment, she suggested expanding the work-holiday visa, strengthening the domestic support system and increasing the number foreign business users using Korean networks.

The construction of 100,000 housing units), so that Korean companies and the workforce can participate actively.

Kim said, "We will make aggressive efforts at the government level through the renegotiation of the Korea-New Zealand FTA and bilateral negotiations on issues such as visa issues."