[Background] The Korean government has made every effort to overcome the compounding global crises and restructure the framework of economic policies. - Proactively responded to the global economic crisis, addressing worldwide high inflation and interest rate hikes - Transitioned the framework of the country’s economic policy towards a more private and market-driven approach - Expanded the export and investment opportunities for Korean companies, supported by the President’s sales diplomacy [2023 outcomes and 2024 outlooks] As a result of such policy endeavors, inflation has been slowing down, the economy transitioned towards a recovery phase mainly driven by exports, employment remained favorable, and financial market volatility has eased. - GDP Growth (2023)1.4 -> (2024)2.2 - Employment Growth (2023)320 -> (2024)230 - Consumer Price (2023)3.6 -> (2024)2.6 - Current Account (2023)31 -> (2024)50 [The framework of economic policy directions] The Korean government aims to achieve economic upturn that can be felt by people and carry out structural reforms to enable sustainable growth. - Four pillars: Freedom, Fairness, Innovation, Solidarity - Four directions: 1. Supporting the recovery of people’s livelihoods 2. Managing potential risks 3. Materializing a dynamic economy 4. Accompanying the young towards a sustainable