■ December 17 Economic Calendar

■ Ministry of Strategy and Finance confirms 2025 budget allocation plan / 11:00 p.m.

The Ministry of Strategy and Finance will finalize next year's budget allocation plan at a Cabinet meeting today.

As concerns over a recession grow around domestic demand amid political instability, plans are being made to slow the slowdown by injecting finances early.

■ Statistics Korea announces 2024 immigration status and employment survey results / 12:00
Statistics Korea
will release statistics that analyze the size of foreigners residing in Korea and their lives in Korea.

As of May 2023, the number of foreigners residing in Korea was 1.43 million, the highest ever, with 9 out of 10 or 86.4 percent having an average monthly wage of more than 2 million won.

■National Assembly Speaker Woo Won-sik and heads of four economic organizations / 10:00
National Assembly Speaker Woo Won-sik and the head of four economic organizations will meet at the National Assembly today amid uncertainties in the business community due to the impeachment of
.

At the meeting, the business community is expected to demand the prompt passage of bills that have no disagreement between the ruling and opposition parties, including the Special Act on Semiconductors, along with political stability.

■ Ministry of Industry holds public-private joint real economy emergency strategy meeting / 14:30 p.m.
This afternoon, Minister of Trade, Industry and Energy Ahn Deok-geun will hold an emergency strategy meeting with economic organizations, automobile and battery industries.

Minister Ahn is expected to express his willingness to push ahead with what the government can do regardless of the political situation.