What about the economic team's task? "There should be no policy vacuum" and "Mobilizing all fiscal, monetary and financial policies."

[Anchor]
As Deputy Prime Minister Choi Sang-mok said, our economy has once again been put to the test.

There are calls for consolidating economic leadership without policy gaps, while mobilizing all fiscal, monetary and financial policies to revive the sluggish domestic economy.

Reporter Oh In-seok on the report.

[Reporter]
The Bank of Korea analyzed that the current economic situation in Korea has increased the difficulty of external conditions compared to the past impeachment of President Roh Moo Hyun in 2004 and President Park Geun Hye in 2016.

External conditions were favorable, including China's high growth in 2004 and favorable semiconductor business in 2016, but uncertainties in the trade environment are increasing ahead of the launch of the second Trump administration.

The government also expressed concern about growing uncertainties at home and abroad and increasing downside risks such as weak economic sentiment among households and businesses.

[Choi Sang-mok / Deputy Prime Minister and Minister of Strategy and Finance: Rapid volatility in the financial and foreign exchange markets has subsided for now, but we cannot rest assured. The economic sentiment of foreign-invested companies, as well as the people and Korean companies, is feared to shrink.

Experts point out that the approval of Yoon Suk Yeol's impeachment has eased some political uncertainty, but there are still concerns about policy gaps and market instability.

As it is expected that it will take months for the Constitutional Court to make a ruling, there are also concerns that it could miss the "golden time" to respond to sluggish domestic demand and the launch of the Trump administration.

It is pointed out that the most important responsibility of the economic team is to keep the economic system stable through consistent policy implementation.

[Jeong Kyu-chul / Head of KDI Economic Outlook Office: Although the current situation is difficult, I think that if the economic system can be maintained as usual, we can increase confidence in the Korean economy from the perspective of domestic economic players and foreign investors.]

Some say that the weight of economic policy should be turned to economic stimulus as unprecedented low growth concerns meet extreme sluggish domestic demand, slowing export growth, and emergency martial law reefs.

It is pointed out that as emergency measures are needed in an emergency situation, the government should mobilize all fiscal, monetary and financial policies to revive frozen economic sentiment.

[Jungsik Kim / Emeritus Professor, Department of Economics, Yonsei University] We are concerned that the impeachment will intensify the slump in domestic demand and slow growth further in the future. In this crisis, domestic demand needs to be boosted, and loan regulations need to be relaxed to supply liquidity to the market.

The government said it will take responsibility regardless of the current political situation and provide all-out support so that domestic and foreign uncertainties do not affect our companies' exports and investments.

This is YTN Oh In-seok.

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