South Korea's Moon replaces top economic policy aides as economy cools

FILE PHOTO: South Korea's President Moon Jae-in attends a press meeting at the Royal Palace in Stockholm, Sweden June 14, 2019. Henrik Montgomery/TT News Agency/via REUTERS - Copyright TT NEWS AGENCY(Reuters)

By Reuters

Published on 21/06/2019 - 05:34•Updated 19/04/2024 - 03:19

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SEOUL (Reuters) - South Korean President Moon Jae-in on Friday sacked both of his top economic policy aides as the nation's economy, the fourth-largest in Asia, cools sharply this year.

President Moon appointed Korea Fair Trade Commission Chairman Kim Sang-jo as his chief policy secretary and First Vice Finance Minister Lee Ho-seung as his top economic policy secretary, the presidential office said.

They replace Kim Soo-hyun and Yoon Jong-won, as the government's stewardship of the economy has come under criticism from opposition parties and investors.

(Reporting by Choonsik Yoo; Editing by Shri Navaratnam)

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