Vice Chairman holds this year's first financial education council meetingJun 26, 2024

Vice Chairman Kim Soyoung of the Financial Services Commission presided over this year's first financial education council meeting with officials from related government ministries and public and private organizations on June 26. At the meeting, authorities discussed plans for pursuing financial education campaign for young adults and the result of financial literacy survey on consumers. At the beginning of the meeting, Vice Chairman Kim delivered opening remarks where he outlined plans for pursuing financial education campaign for young adults. In this regard, Vice Chairman Kim said that some of the key financial policy initiatives implemented by the government, such as the youth savings account program, expanded benefits for individual savings accounts (ISAs), and the Corporate Value-up program, are all intended to promote accumulation of assets for the public. To ensure that these programs can work effectively for the people, Vice Chairman Kim said that it is crucial to have financial education programs that can help to improve financial literacy of individuals.