Hong Nam-ki
Hong Nam-ki is a South Korean politician currently serving as Minister of Economy and Finance and as an ex officio Deputy Prime Minister of South Korea since his appointment in November 2018. Hong is considered a veteran technocrat working at mostly at budget-related departments under both conservative and liberal governments for over three decades.
Before promoted to President Moon Jae-in's second finance minister, Hong was his first Minister for Government Policy Coordination and previous president Park Geun-hye's vice minister for now-Ministry of Science and ICT.
On several occasions, Hong expressed his disapproval of adopting Universal basic income as it only significantly worsens fiscal responsibility without effectively replacing the current social safety net and for this reason it is not adopted by any countries in the world.Education
Hong graduated from Hangyang University with a bachelor degree in economics and MBA. He also holds a master's degree in economics from University of Salford via Korean government fund for its employees' tertiary education in foreign countries.
