Further, as members of a central bank with strict self-discipline and a strong sense of responsibility, we need to put the public interests before our own personal interests, and respect our organizational values. Meanwhile, our organizational culture of respecting and caring for each other is a longstanding tradition that we have cultivated ever since the Bank of Korea was established.
Although the environment surrounding us is changing rapidly, we have to work to maintain and further develop this proud tradition going forward. Dear fellow BOK members, There are substantial concerns that the Korean economy could face huge difficulties this year. However, a crisis that is foreseen is no longer a crisis.