Chairman Lee Eog-weon of the Financial Services Commission presided over the first meeting on propelling a transition to inclusive finance with officials from related public organizations, five major financial holding groups, and private sector experts on January 8. At the meeting, Chairman Lee outlined key policy measures to boost financial inclusion going forward through joint efforts from the public and private sectors. The measures include (a) improving financial access and reducing financial cost burden, (b) providing support for vulnerable groups to help them quickly recover and regain footing, and (c) strengthening financial safety nets. Since it is important to have mutual understanding and close collaboration among all participants in pursuing these inclusive finance measures, Chairman Lee said that the FSC will continue to have close communication with various stakeholders and operate a taskforce on each policy task area to seek detailed measures and follow up with implementation.