PANews reported on December 15 that according to Jinshi, citing South Korean media reports, after the National Assembly passed the impeachment of President Yoon Seok-yeol, the South Korean government's economic team switched to "crisis management" mode and will hold emergency meetings every day from the 15th to discuss economic issues and countermeasures. A spokesman for the South Korean Ministry of Planning and Finance said on the 14th that Deputy Prime Minister and Minister of Planning and Finance Choi Sang-mo will hold emergency meetings with heads of economic-related departments every day from the 15th. The first emergency meeting is scheduled to be held at 15:00 local time on the 15th. Previously, the martial law crisis in South Korea disturbed the market, the country's stock market fluctuated, and the won-dollar exchange rate once fell to the lowest point in two years. Although South Korea's sovereign credit rating has not been downgraded for the time being, some international credit rating agencies have warned that if the country's political crisis continues, the risk of economic downturn will increase.
South Korea's government economic team shifts into 'crisis management' mode
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