Finance Minister Lee Hyoung-il vows to curb inflation while supporting economic growth in remarks made during a parliamentary audit at the National Assembly on Tuesday. Speaking to the finance, economy, planning and budget committee, Lee says the policy priority is maintaining consumer price stability to address the cost-of-living pressures faced by the public. He also links the approach to improving livelihoods and reducing economic disparities.
Lee says his ministry will focus on stabilizing prices of everyday necessities, particularly fuel and food. He adds that the government will take strict measures against irregular activities that disrupt market prices and will work to ease financial burdens on vulnerable groups. He further points to housing and job-related efforts, along with financial services intended for low-income households, as part of the broader agenda.
Multiple outlets frame the remarks as Lee’s first parliamentary audit since taking office last month. The reports emphasize inflation management and growth-supporting initiatives, including references to government-led major projects described as “three megaprojects,” highlighting the government’s attempt to balance near-term price stabilization with longer-term economic expansion.
