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Moon says gov't needs to keep expansionary fiscal policy for economic recovery Updated: 2021-05-27 15:28:47 KST

President Moon Jae-in today highlighted the importance of fiscal policy to achieving a faster economic recovery from the pandemic.
He chaired a high-level meeting Thursday between the presidential office, the government and ruling party to discuss the country's fiscal strategy.
There, President Moon acknowledged different opinions on the current expansionary fiscal policy, but said these are times when such a policy is needed to help households and businesses and address the growing income gap.
He said the country needs to stick with this policy to ensure a strong rebound in the economy and to bridge the economic gap caused by the pandemic.
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