The Finance Ministry says it will hold an annual meeting with global rating agency Moody’s Investors Service to evaluate South Korea’s sovereign credit rating.
A four-member delegation led by Moody’s senior credit officer Steffen Dyck will arrive in Seoul on Tuesday to take part in the annual meeting which will run through Thursday.
The group will visit the Finance Ministry, the Bank of Korea, the Financial Supervisory Service, the Financial Services Commission, the Unification Ministry and the Korea Development Institute.
Deputy Prime Minister and Finance Minister Kim Dong-yeon will meet with the Moody’s delegation on Thursday and ask the rating agency to give a positive assessment of Korea's credit rating. He will explain the situation of the South Korean economy which is showing signs of recovery and the direction of the Moon Jae-in government’s economic policies.