Seoul: President Lee Jae Myung is set to convene an emergency meeting on Monday, coinciding with his return from an 11-day overseas trip, to address pressing issues in the real estate and stock markets, as confirmed by his office. This meeting, to be held behind closed doors at Cheong Wa Dae, aims to tackle recent fluctuations affecting these crucial sectors.

According to Yonhap News Agency, the meeting will gather key figures, including Prime Minister Han Seong-sook, Finance Minister Koo Yun-cheol, and other relevant ministers, to deliberate on potential policy adjustments. The government is considering revising the property tax system and addressing supply and demand imbalances in the housing market. Additionally, measures related to single-stock leveraged exchange-traded funds, which have been cited as contributors to increased market volatility, will also be on the agenda.

The government's proactive approach underscores its commitment to stabilizing the real estate and stock markets amid ongoing challenges. With President Lee's leadership, the administration seeks to implement strategic solutions that will foster long-term economic stability and investor confidence.