Outcomes of G20 FMCBG Meeting
Outcomes of G20 FMCBG Meeting
  • 01
    Deputy Prime Minister Kyungho Choo stressed the importance of aligning fiscal and monetary policies to stabilize prices

    Deputy Prime Minister Kyungho Choo stressed the importance of aligning fiscal and monetary policies to stabilize prices

    • Highlighting the Korean government¡¯s efforts to curb rising fiscal spending and inflationary pressures stemming from external factors to price stability
    • Request G20 participate in the Green Climate Fund¡¯s second replenishment to assist developing countries in tackling climate change

    - G20 Finance Ministers and Central Bank Governors Meeting / Gandhinagar, India / July 17-18

  • 02
    Bilateral Talks on the sidelines of G20 Finance Ministers Meeting

    Bilateral Talks on the sidelines of G20 Finance Ministers Meeting

    US Treasury Secretary Janet Yellen

    DPM Choo called for the US administration¡¯s continued attention to the Korean government¡¯s request with regard to the Inflation Reduction Act and the CHIPS and Science Act.

    Chinese Finance Minister Liu Kun

    DPM Choo suggested facilitating bilateral communication and ties with a view to maintaining economic cooperation underpinned by mutual respect, reciprocity and common interest.