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Our weekly newsletter provides the latest press releases of the Ministry of Economy and Finance, the Financial Services Commission and the Bank of Korea. Sign up for our weekly newsletter and get email briefing on Korea’s latest economic policies.

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Major News & Events

MOEF

Outcomes of G20 Finance Ministers and Central Bank Governors Meeting (April 19)

Deputy Prime Minister Choi Sang-mok attended the 2nd Group of Twenty (G20) Finance Ministers and Central Bank Governors Meeting on April 17 to 18, in Washington D.C.

MOEF

Outcomes of Ukraine Roundtable and Meeting with IDB Head (April 18)

On April 17, Deputy Prime Minister Choi Sang-mok attended the Ukraine Roundtable and met with Inter-American Development Bank (IDB) President in Washington D.C.

MOEF

Finance Ministers of Korea, U.S., and Japan Confirms Their Commitment to Enhance Financial and Economic Ties (April 18)

On April 17 (local time), Deputy Prime Minister Choi Sang-mok held the first Trilateral Korea-U.S.-Japan Finance Ministers Meeting at the U.S. Department of the Treasury in Washington D.C., with the U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Suzuki Shunichi.

MOEF

DPM Choi Meets With Finance Minister of Japan (April 18)

Deputy Prime Minister and Minister of Economy and Finance, Korea Choi Sang-mok held a dialogue with Japanese Finance Minister Suzuki Shunichi on April 16th (Tues) on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting in Washington D.C.

MOEF

DPM Choi Departs for Washington to Attend G20 Finance Ministers and Central Bank Governors Meeting (April 16)

Deputy Prime Minister Choi Sang-mok will depart for Washington D.C., on April 16 to attend the ①Trilateral Korea-U.S.-Japan Finance Ministers Meeting, ②Group of 20 (G20) Finance Ministers Meeting and Central Bank Governors Meeting, and ③World Bank (WB) Development Committee Meeting held from April 17 to 19.

MOEF

Government Extends Fuel Tax Cut for Two More Months (April 15)

The government plans to extend the temporary fuel tax cut, which is set to terminate on April 30 2024, for two more months. Under the extension, the current 25% tax reduction on gasoline and 37% reduction on diesel and liquefied petroleum gas (LPG) butane will continue to be in effect until June 30, 2024.

MOEF

Emergency Ministerial Meeting on Economic Affairs (Apr.15, 2024) (April 15)

Deputy Prime Minister Choi Sang-mok convened the Emergency Ministerial Meeting on Economic Affairs at the Government Complex-Seoul on April 15.

MOEF

DPM Holds Review Meeting on International Economic Affairs Following Iran’s Attack on Israel (April 14)

In light of Iran’s airstrike on Israel occurred on April 14, Deputy Prime Minister Choi Sang-mok held a review meeting on international economic affairs to check on the situation in the Middle East and discuss policy responses.

BOK

Export and Import Price Indices, March 2024 (preliminary) (April 16)

The Export Price Index (KRW basis) increased 0.4 percent from the previous month. The Import Price Index (KRW basis) increased 0.4 percent from the previous month.

BOK

Monetary and Liquidity Aggregates, February 2024 (April 16)

Broad Money (M2, seasonally adjusted, period-average) increased by 0.1%.


Announcement On Upcoming Releases

MOEF

  • KTB Issuance Plan, May 2024 (April 25)

BOK

  • Consumer Survey for April 2024 (April 24)
  • Real Gross Domestic Product: 1st Quarter of 2024 (Advance Estimate) (April 25)
Each institution is responsible for the information it provides in the bulletin.

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