DP’s Lee aims to boost GDP per capita, veers away from basic income

DP's Lee aims to boost GDP per capita, veers away from basic income

Democratic Party presidential candidate Lee Jae-myung visits a Kia Motors factory in Gwangmeyong, Gyeonggi, on Tuesday morning. [PRESS POOL] The ruling Democratic Party’s (DP) presidential candidate Lee Jae-myung pledged Tuesday to boost Korea’s GDP per capita to $50,000 with the goal of joining the ranks of the world’s top five industrialized economies.

In his comments at a New Year’s press conference at Kia Motors’ Soha-ri factory in Gwangmyeong, Gyeonggi, the DP candidate promised that if he is elected president, he will lead the way in overcoming the country’s economic woes.

“I will be a strong and competent president for the economy […]

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