South Korea finance officials huddle after impeachment


  • Business
  • Saturday, 13 Mar 2004

SEOUL, South Korea (AP) - The government's top finance officials huddled Saturday to assess fallout from an unprecedented presidential impeachment and pledged to keep economic policy on track, possibly by seeking help from pension funds and institutional investors to stabilise the market. 

Finance and Economy Minister Lee Hun-jai called the morning meeting a day after President Roh Moo-hyun was stripped of his executive powers, sending South Korean stocks and the local currency, the won, tumbling. 

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