S. Korea talks on economic task force today

President Lee Jae-myung will hold the second meeting of the emergency economic task force this week, his office said on Sunday, which is likely discuss an additional supplementary budget to boost the local economy.

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Lee is set to preside over the session with presidential aides, relevant authorities and working-level officials on Monday, with economic stimulus measures and details of the second supplementary budget expected to be high on the agenda, reports Yonhap news agency.

Lee chaired the first meeting of the task force on his first day in office last week, during which he was briefed on the assessment of the local economy and potential effects of an extra budget.

During his campaign, Lee pledged to introduce an additional extra budget of at least 30 trillion won ($22.1 billion) to revitalise the sluggish economy.