[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Lee Ji-eun] President Moon Jae-in’s selection of former Minister of the Interior and Safety Kim Boo-kyum as the leading candidate for Prime Minister in what is effectively his last cabinet reshuffle during his term is interpreted as an expression of his intention to ensure stable governance while also reaching out to public sentiment reflected in the April 7 by-elections. Kim, who hails from Daegu, carries symbolic significance for ‘regional integration’ and has a centrist, unifying image. As a four-term lawmaker, he possesses extensive political experience as well as communication and practical skills, making him a suitable figure to revitalize the government’s momentum in the final phase of the administration.


On the other hand, replacing Minister of Land, Infrastructure and Transport Byun Chang-heum, the architect of the February 4 real estate measures, with a successor who is considered a key policymaker of the Moon administration’s real estate policies indicates a desire to maintain policy continuity. While somewhat reducing the influence of the pro-Moon (pro-Moon Jae-in) faction, the reshuffle sends a somewhat conflicting message by signaling an intention to uphold the existing stance on core national tasks such as real estate reform.


Besides former Minister Kim, other strong candidates for Prime Minister succeeding Chung Sye-kyun have included former Korea International Trade Association Chairman Kim Young-joo and Deputy Prime Minister for Social Affairs and Minister of Education Yoo Eun-hye. However, it is reported that former Chairman Kim declined the position. Deputy Prime Minister Yoo was mentioned alongside former Supreme Court Justice Kim Young-ran as a leading candidate for the ‘female Prime Minister’ position. Despite the Moon administration’s pledge to have 30% female ministers, the proportion of female ministers dropped from 20% to the 10% range in the January reshuffle. Therefore, the possibility of appointing the ‘first female Prime Minister’ as part of promoting female talent cannot be completely ruled out until the very end. Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki was initially included in the reshuffle but is reportedly excluded to allow him to serve as acting Prime Minister until the new Prime Minister completes the confirmation hearing.


A reshuffle involving five to six ministries centered on ‘long-serving ministers’ is also planned. For the successor to Minister Byun, who has already tendered his resignation, promotion of Yoon Sung-won, the first deputy minister of the Ministry of Land, Infrastructure and Transport and former Blue House land secretary, is anticipated. Given the unfavorable public opinion toward Minister Byun, the replacement is decided, but since Deputy Minister Yoon is also part of the current administration’s real estate policy framework, the appointment emphasizes policy consistency. Former First Deputy Minister of Economy and Finance Kim Yong-beom, who is also mentioned as a candidate, has strengths in coordinating policies across ministries, including housing supply measures. The decision not to appoint academics or politicians to the real estate policy ministry suggests an intention to steadily implement existing policies rather than introduce new ones.


For the successor to Lee Jae-gap, the current longest-serving minister (2 years and 7 months) of the Ministry of Employment and Labor, internal promotion is likely. For the successor to Sung Yun-mo, the other longest-serving minister of the Ministry of Trade, Industry and Energy, Moon Seung-wook, the second deputy director of the Office for Government Policy Coordination, is reportedly the leading candidate.


The Blue House staff will also undergo a major overhaul. With Senior Secretary for Political Affairs Choi Jae-sung reportedly resigning to take responsibility for the April 7 by-election defeat, former Democratic Party lawmaker Lee Cheol-hee is strongly mentioned as his successor. Lee, classified as a ‘non-Moon’ figure, is considered a member of the ruling party who has taken a neutral stance and offered ‘constructive criticism’ to the party. His appointment would demonstrate President Moon’s intention to pursue a moderate personnel reshuffle. Other officials such as Chief Secretary for Personnel Kim Oe-sook and Senior Secretary for Social Affairs Yoon Chang-ryeol are also mentioned as candidates for replacement.



Since the last reshuffle, there have been rumors of replacements, and recently, following the ‘jeonse price controversy,’ many secretaries in the Blue House Policy Office, where former Policy Chief Kim Sang-jo resigned in disgrace, are expected to be replaced. Additionally, personnel changes are anticipated for Kim Young-sik, Legal Secretary, who resigned regardless of the election.


This content was produced with the assistance of AI translation services.

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