South Korea’s acting finance minister, Kim Beom-seok, has vowed to minimize any negative impact on the nation’s financial and foreign exchange markets following the resignations of both the prime minister and the finance minister.
In a meeting with other economic policymakers, Kim expressed regret over Finance Minister Choi Sang-mok’s resignation, emphasizing that it comes at a time of significant economic and market uncertainty.
The Ministry of Economy and Finance released a statement highlighting Kim’s commitment to stabilizing the markets amid the political shake-up.
The sudden resignations have raised concerns about potential volatility in South Korea’s economy. Market analysts are monitoring the situation closely, as political instability could impact investor confidence and economic growth.
