Finance Minister Kim Dong-yeon says that the government has no plan to revise its three percent growth target for this year. 

Kim made the remarks on Thursday during an interview with a radio program, saying that the situation is not so bad as the economy grew one-point-one percent in the first quarter. 

Vowing upmost efforts to achieve the three percent target, the top economic policymaker stressed the quality of economic growth. He pledged efforts to ensure balanced growth in diverse industrial areas and equal distribution of the growth. 

Kim also assessed that the nation is generally headed towards its growth target, but there are mixed signals in recent economic indicators. 

He also said a raise in the minimum wage could affect employment and that the government should be flexible about meeting its goal of ten-thousand won an hour by 2020.