Choi Sang-mok "Reviewing the issuance of green government bonds...Step-by-step promotion of oil tax normalization"

2024.10.17. PM 4:51
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Deputy Prime Minister and Minister of Strategy and Finance Choi Sang-mok said he is considering issuing green government bonds.

Deputy Prime Minister Choi Sang-mok told reporters during a visit to Pohang Steelworks today that he thought green government bonds were not in good condition, but that he is reviewing them with confidence as they are receiving good reviews due to the recent inclusion of Korea's global government bond index.

Green government bonds are government bonds that limit funding to spending on eco-friendly projects and infrastructure investment projects.

Regarding the oil tax cut, which ends at the end of this month, Deputy Prime Minister Choi said, "The basic policy is to normalize the oil tax in a big way in consideration of the public's burden, and we will comprehensively conclude what to do from next month in consideration of domestic and foreign oil prices and household burdens."

In a meeting with POSCO, Deputy Prime Minister Choi said he will actively support the implementation of the 73 trillion won investment plan by 2030, including new industries such as hydrogen reduction steel.

Deputy Prime Minister Choi said that rapid and active investment is important to recover the economic sentiment and secure sustainable growth engines, and that he will come up with a third round of measures to boost investment next month.


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