FSC Vice Chairman Kim So-young presided over the 2nd meeting of the inter-ministerial council on strengthening policy finance support on February 22 and held talks on ways to boost supply of funds from policy financial institutions and create innovative growth funds worth KRW3 trillion for 2023. In his opening remarks, Vice Chairman Kim said that the inter-ministerial council will play a critical role in ensuring the availability of prompt supply of funds to the key future-oriented industries amid a rapidly changing economic environment. In this regard, Vice Chairman Kim announced a plan to expand the size of policy finance support available to KRW91 trillion which will be injected to the key industrial areas prioritized by each ministry. Authorities expect that this will help to propel the growth impetus of the economy by fostering the development of future-oriented new industries and promote startups and venture businesses to scale up.