Lee said as a part of efforts to achieve further financial stability, the central bank would cooperate with government and watchdog authorities to curb household debt growth. Along with seeking greater financial stability, South Korea's biggest tasks next year will be to spur structural reforms and boost its growth potential, Lee said. Such reforms would include searching for new means of economic growth and finding a balance between exports and domestic demand. To help companies with structural changes, market liquidity and fund flows will be managed appropriately while the central bank will take measures to stabilise markets if needed, Lee said.
Lee said as a part of efforts to achieve further financial stability, the central bank would cooperate with government and watchdog authorities to curb household debt growth. Along with seeking greater financial stability, South Korea's biggest tasks next year will be to spur structural reforms and boost its growth potential, Lee said. Such reforms would include searching for new means of economic growth and finding a balance between exports and domestic demand. To help companies with structural changes, market liquidity and fund flows will be managed appropriately while the central bank will take measures to stabilise markets if needed, Lee said.