Economics
South Korea’s Hyun Pledges Economic Growth Measures Within Days
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South Korea’s president Park Geun Hye appointed Hyun Oh Seok as finance minister, paving the way for stimulus measures within days to boost growth in Asia’s fourth-biggest economy.
“We need to use all possible policy measures to speed the economic recovery,” Hyun, 62, said in an e-mailed speech after his appointment. “We need to come up with measures to revitalize the economy in March,” he said, adding that policy makers need to gain the people’s trust.