South Korea Says Will Act Swiftly to Stabilize Markets if Necessary
Seoul. South Korea's finance ministry said on Friday (09/12) it would make an all out effort to stabilize the economy after parliament voted to impeach President Park Geun-hye.
"We will closely monitor financial markets and economic situation across exports, investment and job market 24 hours a day and respond in swift and decisive manner if needed," Finance Minister Yoo il-ho said in a meeting.
South Korean lawmakers voted overwhelmingly earlier on Friday to impeach President Park Geun-hye over an influence-peddling scandal, setting the stage for her to become the country's first elected leader to be expelled from office in disgrace.
Reuters
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