
Lee urges all-out efforts to boost potential growth rate to 3%
President Lee Jae Myung speaks during a Cabinet meeting at Cheong Wa Dae in Seoul on July 14, 2026. The call comes amid projections that the country's…
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Summary
Lee said the second half of the year will be critical to determining the next 30 years, making it necessary to accelerate the "grand economic transformation" in that period. Lee issued the call during a Cabinet meeting, citing a sharp increase in exports in the first half of the year, led by the semiconductor sector. "There have been a series of forecasts that this year's real growth rate will reach 3 percent based on the remarkable export performance and increased capital investment," he said during the meeting at Cheong Wa Dae.
Furthermore, "Though the world order is extremely unstable at the moment, our government will fulfill its role and responsibilities unwaveringly as a global responsible power and based on our national interest-centered pragmatic diplomacy." (Yonhap).
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Lee said the second half of the year will be critical to determining the next 30 years, making it necessary to accelerate the "grand economic transformation" in that period.
reliability low1/2 sourcesLee issued the call during a Cabinet meeting, citing a sharp increase in exports in the first half of the year, led by the semiconductor sector.
reliability low1/2 sources"There have been a series of forecasts that this year's real growth rate will reach 3 percent based on the remarkable export performance and increased capital investment," he said during the meeting at Cheong Wa Dae.
reliability low1/2 sources"Though the world order is extremely unstable at the moment, our government will fulfill its role and responsibilities unwaveringly as a global responsible power and based on our national interest-centered pragmatic diplomacy." (Yonhap)
reliability low1/2 sources
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