The Presidential Office emphasized the importance of abolishing the financial investment income tax (FITS) to ensure that the inclusion of Korea in the World Government Bond Index (WGBI) extends its positive impact from the bond market to the stock market. They explained that funds tracking the WGBI tend to be long-term investments, which can lead to interest rate reductions, thereby lowering funding costs for both the government and corporations while increasing liquidity in the foreign exchange market. Regarding concerns about market volatility due to increased foreign investment, they mentioned that it could deepen the scale and depth of both the foreign exchange and capital markets.