Korea to Consider Extending Fuel Tax Cut: Vice Finance Minister

South Korea will consider extending fuel tax cut which is scheduled to expire at the end of April, while monitoring crude oil prices, Vice Finance Minister Lee Eog-weon says in meeting.

• To stably manage utility prices in 1Q
• Sees strong upside factors in Feb. CPI
• To closely monitor financial, FX markets; to take timely measures to stabilize markets if needed
• Related story: S.Korea to Temporarily Cut Fuel Tax to Help Ease Consumer Burden

To contact the reporter on this story:
Shinhye Kang in Seoul at skang24@bloomberg.net

To contact the editors responsible for this story:
Yusuke Miyazawa at ymiyazawa3@bloomberg.net

Seyoon Kim ...