Finance Minister Kim Dong-yeon has called for fundamental measures to address structural problems of the South Korean economy such as protracted low growth and polarization.
 
Kim said Thursday during a meeting with economy-related ministers that the government will attempt to shift the paradigm in the direction of this year's economic policies.
 
He also said the new administration's economic policy guidelines will be announced next week.
 
The finance chief who also serves as deputy prime minister said the government has been preparing policy measures with the goal to build an economy that achieves "people-centered sustainable growth" where growth and distribution are in a virtuous cycle.
 
He said the fundamentals of the Korean economy must change based upon two pillars -- income growth and job creation on the demand side and achieving an innovative economy on the supply side.
 
Regarding a list of 100 priority policy tasks unveiled by the presidential advisory panel on Wednesday, Kim said those guidelines will be adhered to in polishing and complementing economic policies.