S. Korea’s Moon sacks finance minister, policy chief

South Korea’s President Moon Jae-in delivers a speech on the government’s 2019 budget proposal during a plenary session at the National Assembly in Seoul on November 1, 2018. (Photo by KIM HONG-JI / POOL / AFP)

SEOUL, South Korea (AFP) — South Korean President Moon Jae-in sacked his top two economic officials Friday, the government said, as the world’s 11th-largest economy struggles with slowing growth, rising unemployment and persistent income gaps.

Finance minister Kim Dong-yeon and presidential chief of staff for policy Jang Ha-sung, who have reportedly been at odds with each other over how to address the situation, were both dismissed from their posts, a Blue House spokesman said.

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