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Our starting point at this hour.
What should follow the positive numbers we've been getting with regards to the local economy.
President Moon Jae-in highlighted the importance of making sure all levels of society benefit
from that growth.
He pointed out close coordination between labor, management and government as key to
achieving that goal.
Hwang Hojun has our top story.
President Moon declared Monday that South Korea's economy is at a very significant turning
point.
Meeting with his top aides, President Moon noted that economic growth in the 3rd quarter
reached one-point-four percent in spite of external and internal difficulties, including
North Korea's nuclear provocations.
And that, he said, puts the government's goal of three-percent growth for the year comfortably
within reach.
Notably, the figure of 3-percent was recently revised upwards by four tenths of a percentage
point from a previous estimate in July.
He credited the hard work of both business and labor as well as his administration's
consistent economic policy.
But he warned the government against complacency.
(KOREAN) "Now what's important is to focus on increasing
the quality of our growth rather than its quantity."
( .)
President Moon said consistent economic growth will only be possible when the economic recovery
brings about more jobs and consumption.
To make sure the fruits of the recovery are enjoyed by each and every economic player,
President Moon asked his aides to do more... and to confidently pursue growth policies
based on raising incomes and innovation... with the goal of transforming the nation's
contorted growth structure.
The South Korean President also stressed that the government's efforts alone are not enough
to achieve such a shift... and asked for dialogue and participation from labor and management
as well.
(KOREAN) "Reaching a social consensus on economic and
labor policies is by no means easy, but it is the call of this age and one that we must
achieve."
( .)
(STANDUP) Also on Monday, President Moon once again
emphasized that the nation and its economy will develop -- and corporations and the labor
force will grow -- only when everyone is willing to yield, to share each other's burdens, and
seek to narrow the economic gap.
Hwang Hojun, Arirang News.
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