President Park meets with new Cabinet, calls for economic reformsUpdated: 2014-07-23 07:52:27 KST
President Park Geun-hye wants her new economic team to mobilize and revitalize the local economy.
Meeting with her new Cabinet, including finance minister Choi Kyung-hwan, for the first time this Tuesday, the president called on the government to direct finances toward areas that will help people in their daily lives.
She specifically pinpointed increase in household income through robust job creation.
Later this week, the government is set to announce its economic policy direction for the latter half of the year.
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