President Park Geun-hye's finance minister nominee said Monday that he could push to ease housing market regulations that he sees as outdated in effectively coping with the currently sluggish property market.
In a written answer to questions by lawmakers before a confirmation hearing scheduled for Tuesday, Finance Minister nominee Choi Kyung-hwan also said that he is not considering a supplementary budget "at this moment" but could seek it if the economy slips into a recession.