Deputy Prime Minister and Minister of Strategy and Finance Choi Sang-mok said he respects and welcomes the decision to cut interest rates.
Deputy Prime Minister Choi responded to a question from a member of the People's Power Park Loan at the National Assembly today (11th) whether he expected a decision to cut the benchmark interest rate.
He also said that next year's economy will be similar to this year's.
The domestic sector is looking forward to a recovery from this year, he said, adding that overall growth is expected to exceed the potential growth rate next year.
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