S. Korea kicks off livelihood and economic response plan for Q1

Starting this week the government will put into action its plan aimed at supporting public livelihood and the broader economy.

Intentions to this end were shared at a Cabinet meeting on this Tuesday during which acting President Choi Sang-mok added close monitoring of economic trends on a weekly basis will be followed by at least one tangible response measure each week.

Emphasis has been placed on the execution of effective measures to support the economy within the first quarter of this year.

Such efforts include revising regulations or temporarily easing them to allow for better adaptation to emerging challenges as Korea too braces for U.S. tariffs.