Vice Chairman Kim Soyoung of the Financial Services Commission presided over the 8th consultative body meeting on policy finance with relevant government ministries, organizations, and policy financial institutions on September 25. At the meeting, authorities discussed major policy projects sought by individual ministries and the financing demands of industries prior to establishing a plan for supplying policy finance support for 2025. With the Korea Technology Finance Corporation newly joining the consultative body meeting, the total amount of policy finance support extended by policy financial institutions in 2024 will amount to KRW240.5 trillion from the previously expected volume of KRW212 trillion. Korea Technology Finance Corporation's participation will also push up the volume of policy finance support provided to the five key government-designated strategic sectors from the previously anticipated amount of KRW102 trillion to KRW116 trillion. In his opening remarks, Vice Chairman Kim talked about the importance of making sure that policy finance support is efficiently distributed in accordance with the diversified demands from industries and based on the concrete plans prepared by related ministries.