Governor of the Bank of Korea: structural reforms are needed to deal with low economic growth

[central Bank of Korea Governor: need structural reforms to deal with low Economic growth] Rhee Changyong, governor of the Bank of Korea, said that he is worried about potential long-term economic stagnation; structural reforms are needed to deal with low economic growth; more attention should be paid to credit allocation rather than interest rates; the world's major economies increased the money supply during the COVID-19 period.