President Lee Jae-myung emphasized Wednesday that "public trust in government policy is important," referring to real estate measures.
Kang Yu-jung, senior presidential spokesperson, conveyed the remarks in a written briefing on the Cabinet meeting held at the presidential office. According to Kang, Lee asked Cabinet ministers and aides about housing market stabilization measures. Lee asked, "Home prices are reportedly rising again recently. Are measures being prepared for this?" He then stressed that "public trust in government policy is important" and urged officials to review policies thoroughly.
Lee also instructed officials to draw up comprehensive plans to normalize the stock market, saying, "For the revitalized stock market to become solid, it must return to dividends for stock investors." He added, "Shifting to productive finance will also help improve the potential growth rate," and directed, "Statistics are important, but please deliver outcomes that the public can feel." He continued, "For innovation to be possible, every sector of our society must be fair, transparent and objective," adding, "Cabinet ministers should put in more effort to make the country shine and renew itself."
