Koo Yoon-cheol, the new Deputy Prime Minister and Minister of Economy and Finance, ordered on the 19th, as his first directive after taking office, to "focus all efforts on recovering from the heavy rainfall damage and supporting the disaster victims."
The Ministry of Economy and Finance stated that Deputy Prime Minister Koo urgently convened a first-level meeting around 5 p.m. on the 19th to assess the damage situation caused by the heavy rainfall and the financial support system.
The Ministry of Economy and Finance reported that Deputy Prime Minister Koo instructed thorough preparations to ensure that recovery and support for disaster victims are carried out as quickly as possible on the ground through close cooperation with relevant ministries.
He also ordered to expand disaster prevention projects as much as possible when preparing next year's budget.
In addition, Deputy Prime Minister Koo directed that efforts be maximized in the upcoming tariff negotiations with the United States, the direction of economic policy reflecting the new government's operational policies, and the preparation of taxation reform plans and budgets.