The government and the Bank of Korea(BOK) have decided to consider simultaneously pursuing direct investment and indirect financing through a capital expansion fund to come up with funds for corporate restructuring.
 
A consultative body set up to create funds for corporate restructuring reached the decision on Thursday during its second meeting.
 
The meeting was chaired by First Vice Finance Minister Choi Sang-mok and attended by Financial Services Commission’s Financial Policy Bureau Director General Kim Yong-beom and BOK Deputy Governor Yoon Myun-shik.
 
The government and the central bank plan to finalize by next month ways to expand capital to swiftly launch restructuring efforts.