Hong Nam-ki

Hong Nam-ki (Korean: 홍남기; Hanja: 洪楠基; born 29 July 1960) is a South Korean politician currently serving as Minister of Economy and Finance and as an ex officio Deputy Prime Minister of South Korea since his appointment in November 2018. Hong is considered a veteran technocrat working at mostly at budget-related departments under both conservative and liberal governments for over three decades.[1]

Hong Nam-ki
홍남기
Deputy Prime Minister of South Korea
Assumed office
10 December 2018
Serving with Yoo Eun-hae
PresidentMoon Jae-in
Prime MinisterLee Nak-yeon
Chung Sye-kyun
Preceded byKim Dong-yeon
Minister of Economy and Finance
Assumed office
10 December 2018
PresidentMoon Jae-in
Prime MinisterLee Nak-yeon
Chung Sye-kyun
Preceded byKim Dong-yeon
Minister for Government Policy Coordination
In office
11 May 2017 – 9 November 2018
PresidentMoon Jae-in
Prime MinisterLee Nak-yeon
Preceded byLee Seok-jun
Succeeded byNoh Hyeong-ouk
Personal details
Born (1960-07-29) 29 July 1960
Chuncheon, South Korea
RelativesSee Namyang Hong clan
Alma materHanyang University
University of Salford
This is a Korean name; the family name is Hong.
Hong Nam-ki
Hangul
Hanja
Revised RomanizationHong Nam-gi
McCune–ReischauerHong Namki

Before promoted to President Moon Jae-in's second finance minister, Hong was his first Minister for Government Policy Coordination and previous president Park Geun-hye's vice minister for now-Ministry of Science and ICT.

On several occasions, Hong expressed his disapproval of adopting Universal basic income as it only significantly worsens fiscal responsibility without effectively replacing the current social safety net and for this reason it is not adopted by any countries in the world.[2]

Education

Hong graduated from Hangyang University with a bachelor degree in economics and MBA. He also holds a master's degree in economics from University of Salford[3] via Korean government fund for its employees' tertiary education in foreign countries.

References
  1. "새 경제수장 홍남기 내정자는 누구?…진보·보수정권서 靑 근무". hankyung.com (in Korean). 2018-11-09. Retrieved 2020-05-01.
  2. 이준희 (2020-06-16). "홍남기 "기본소득 도입한 나라 없다…지금은 할 상황 아니다"". MBC NEWS (in Korean). Retrieved 2020-06-17.
  3. "Ministry of Economy and Finance". english.moef.go.kr. Retrieved 2020-05-01.


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