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□ Maintaining Macroeconomic Stability
○ An Integrated Response & Coordinated Macroeconomic Policies
● Integrated Response Framework
- Monitor macroeconomic risks through an integrated market monitoring framework.
- Establish a ministerial-level council on macroprudential policy
● Fiscal Policy
- Maintain a proactive fiscal stance and create the Future Response Fund
□ Strengthening Responses to the “3 Highs”
○ All-Out Efforts to Curb Inflation
● Fuel Prices
- Consider a further extension of fuel tax cuts
● Grocery Prices
- [Tariff Quotas] Expand tariff quotas by up to 30%p for 49 food items
● Cost of Living
- [Utilities] Keep electricity, gas & local public utility rates frozen in H2
□ Strengthening Responses to the “3 Highs”
○ Mitigating the Impact of a Weak Korean Won
● Maintaining FX Market Stability
- [Macroprudential Measures] Extend the exemption from the Macroprudential Stability Levy by three months.
- Extend interest payments on foreign-currency reserve deposits and temporary supervisory relief measures for stress testing by six months.
- [Offshore KRW Trading] Develop measures to facilitate deliverable forward (DF) transactions in the offshore Korean won market.
● Support for SMEs
- Provide KRW 14.9 trillion in emergency financing for SMEs affected by the weak Korean won.
□ Strengthening Responses to the “3 Highs”
○ Easing High Interest Rate Burdens
● Support for SMEs & Small Businesses
- [Policy Funds] Minimize increases in policy loan rates.
● Strengthening Inclusive Finance
- Review measures to promote the conversion of variable-rate loans to long-term, fixed-rate loans.
□ Maintaining Macroeconomic Stability
○ Supporting Housing Stability
● Expanding Housing Supply & Strengthening Housing Support
- [Housing Supply] Accelerate housing supply in the third-generation new towns and urban areas, with 12,000 homes breaking ground in H2 2026.
● Fair Taxation & Rationalizing Real Estate Use
- [Individuals] Develop improvement measures for real estate transaction and holding taxes after public consultation.
□ Securing K-Supply Chains & Energy Security
○ Building Resilient Supply Chains
● Promoting Domestic Production
- [Incentives] Introduce a domestic production tax credit.
● Securing Overseas Production Capacity
- [Overseas Investment Fund] Expand overseas supply chain investment to build production bases abroad.
- [Patient Capital] Leverage sovereign wealth funds, policy funds and development finance.
● Diversifying Import Sources
- [Crude Diversification] Develop refining technology for non-Middle Eastern extra-heavy crude & provide fright support.
□ Securing K-Supply Chains & Energy Security
○ Expanding Renewable Energy & Enhancing Carbon-Neutral Energy Security
● Achieving 100 GW of Renewable Energy Ahead of the 2030 Target
- [Solar] Identify large-scale sites through public-led initiatives and expand solar capacity to 87 GW by 2030.
- [Wind] Expand onshore and offshore wind power and strengthen related infrastructure.
- [Power Grid] Build a West Coast subsea HVDC transmission network through the 2030s & ensure timely grid connections for key industrial sites.
□ Securing K-Supply Chains & Energy Security
○ Expanding Renewable Energy & Enhancing Carbon-Neutral Energy Security
● Transforming Fossil Fuel-Based Industries
- [Key Industries] Develop decarbonization roadmaps for five key industries (steel, petrochemicals, refining, cement and semiconductors)
- [Green Industries] Commercialize key technologies in SMRs, renewable energy, and EVs.
● Accelerating Green Investment & Climate Technology
- [Green Investment] Provide KRW 790 trillion in climate policy financing over 2026–35.
● Strengthening Strategic Economic Cooperation
- [Korean AI ODA] Expand the K-AI Package (AI solutions, data centers & renewable energy) to developing countries.