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South Korea’s president encourages the private sector to participate in the government’s reform program

South Korean President Yoon Suk-yeol called on his country’s government to approve tax incentives. With the aim of encouraging private sector participation in the government reform program to improve corporate governance.

The South Korean President’s Office said – in a statement reported by “Channel News Asia” network: Today, Thursday – during his meeting with economic policy makers, the Minister of Finance and the head of the Central Bank, Yoon stressed the importance of moving forward with the government reform program that aims to raise the value of companies. The great interest paid by local and foreign investors to this.

Yon also called for taking the necessary measures in order to reduce any negative impact resulting from the restructuring process of real estate projects underway in the country.

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