Koo Yoon-cheol: “Start and End of Public Well-being… All-out Effort on Food Prices”

Deputy Prime Minister Koo Yun-cheol Chairs Economic and Price-Related Ministers’ Meeting, Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol chaired the economic and price-related ministers’ meeting held at the government complex in Jongno-gu, Seoul on the 2nd., ‘[Dailyan = Reporter Kim Ji-hyun] Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol emphasized on the 2nd, “We will put all efforts into managing food prices with a sense of tension, as managing prices is the ‘beginning and end of stabilizing people’s livelihoods.'”‘,
,
, ‘At the meeting held at the government complex, Deputy Prime Minister Koo stated this.’,
,
, ‘Deputy Prime Minister Koo declared, “To stabilize the prices of key items, we will fully utilize all available tools such as allocation tariffs and respond strictly to any unfair practices that disrupt market order.”‘,
,
, ‘He first announced the continuation of allocation tariff support for food and feed raw materials.’,
,
, ‘Deputy Prime Minister Koo said, “We will extend the allocation tariffs on ten food items, including sugar and coffee, until the end of next year, and for twelve items like processed egg products, until June next year.” He added, “In particular, we will increase the allocation tariff volume of sugar from 100,000 tons this year to 120,000 tons next year, expanding it by 20% to further promote market competition.”‘,
,
, ‘He continued, “We will also extend the allocation tariffs on nine feed raw materials, including barley, until the end of next year to reduce the burden on farms and stabilize livestock product prices.”‘,
,
, ‘He also mentioned plans for the supply of major agricultural products. Deputy Prime Minister Koo stated, “We will supply about 20,000 tons of major agricultural products such as cabbage, radish, and tangerines by January next year, and offer up to a 40% discount on Korean beef and pork to lessen the burden on consumers’ grocery bills.”‘
,
,