Hong chairs Innovative BIG3 Ministerial Meeting

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Economy and Finance Minister Namki Hong presided over the Innovation BIG3 Ministerial Meeting on September 23 at the Government Complex Seoul. The meeting checked fruits of the last 10 months of the innovative growth of BIG3 industries and its 100 flagship projects. The meeting has been taken place for 14 times and a total of 463 core tasks are being in the progress that include deregulation, creating the efficient business environment, and cooperation between public, private and companies big and small. The meeting also has appointed 600 innovative companies in relation to the 100 flagship projects on which the ministry has poured 3.8 trillion won ($3.1 billion). The meeting plans to appoint 1,000 innovative companies by 2022 in line with the BIG3 industries and their co-growth.

Hong holds expanded executive meeting

Economy and Finance Minister Namki Hong held an expanded executive meeting on September 27 at the Government Complex Sejong. Hong asked attendees to make sure the preparation for the 4th quarter of parliamentary inspection and the budget review, and emphasized the responsibility in carrying out their duty. He also ordered thorough preparations for small business compensation, win-win spending fund, gradual economic recovery and overseas case studies as well as and the G20 Finance Ministers Meeting. (PowerKorea) 

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