Jung Se-kyun: "Pledge to Provide 100 Million Won to Young Workers... Complete Policy to Be Announced Soon"

[Image source=Yonhap News]

[Asia Economy Reporter Jeon Jin-young] Jeong Se-gyun, former Prime Minister and emerging presidential candidate from the ruling party, stated on the 30th that regarding his campaign pledge to provide 100 million won as a basic asset to young adults starting their careers, “I will prepare and announce a complete policy with funding measures included.”

In an interview with YTN Radio’s ‘Hwang Bo-seon’s Start of a New Morning’ on the same day, Jeong said, “Young people are suffering greatly. I have been thinking about whether there is a way for young people to have hope and work, so I mentioned it for the time being.” He added, “Whenever discussing specific policies, there must always be funding plans. Announcements without measures on how much money is needed and how to secure the budget are problematic,” indicating that he will announce a plan including funding strategies.

On the previous day (29th), during a lecture at Gwangju University in Nam-gu, Gwangju, Jeong said, “We are designing a policy under the Future Seed Account system to support all newborns with 100 million won in a 20-year installment plan so that when they become young adults starting their careers, they can establish a foundation for independence without relying on parental assistance.”

Although he is considered a leading advocate for a decentralized constitutional amendment within the Democratic Party of Korea, he responded, “I don’t think it is yet the time for a constitutional amendment.” When asked by the host whether he is considering a constitutional amendment, Jeong said, “Decentralization is my conviction and the spirit of the times. For the future of the Republic of Korea, decentralization is essential,” but added, “I am always refining my thoughts, but I don’t think it is the time for a constitutional amendment right now.”

He emphasized, “I think now is the time to focus our capabilities on overcoming the health crisis caused by COVID-19 and socioeconomic polarization,” and “I expect that once the COVID-19 situation settles and the next government takes office, the door to constitutional amendment will open wide again.”

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