Lim Chang-yuel

林昌烈

Deputy Prime Minister for the Economy who requested IMF assistance in 1997 and signed the agreement

A Seoul National University graduate, Lim passed the higher civil service examination in 1970 and served as administrator of the Public Procurement Service, vice-minister of finance and economy and minister of trade and industry. On 19 November 1997 he succeeded Kang Kyung-shik as Deputy Prime Minister and Minister of Finance and Economy; two days later he formally requested IMF assistance, and on 3 December he signed the letter of intent to the IMF with the Governor of the Bank of Korea, having led the negotiations. In 1998 he joined the National Congress for New Politics and was Governor of Gyeonggi Province from 1998 to 2002.

Activities and affiliations

Career Timeline

Related historical events