Choi Sang-mok "Decision to Cut Base Rate, Respect, and Welcome"

2024.10.11. AM 11:45
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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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