The government has officially announced a plan to set aside ten-trillion-won of supplementary budget in order to create jobs, one of President Moon jae-in’s campaign pledges.
 
In its latest monthly Green Book released on Friday, the Ministry of Strategy and Finance said that it will strengthen the management of external and internal risks while creating quality jobs and vitalizing the economy through active macroeconomic policies, including introducing a supplementary budget.
 
A ministry official said that the economy appears to be growing, as exports are increasing on the back of an improving global economy, leading to the recovery of production and investment. He also noted improving economic sentiment.
 
But he warned against remaining risk factors at home and abroad, such as the wobbly recovery in domestic consumption, unpredictable trade issues and a possible U.S. rate hike.