Hong Nam-gi: "I bear final responsibility for tax revenue errors... Will resign if not at end of term"

Deputy Prime Minister for Economy Hong Nam-ki is attending the plenary meeting of the Planning and Finance Committee held at the National Assembly on the 4th, responding to questions from lawmakers. Photo by Yoon Dong-joo doso7@

[Asia Economy Sejong=Reporter Kwon Haeyoung] Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki stated on the 4th that "the ultimate responsibility lies with me as the head of the institution" regarding the tax revenue forecast error exceeding 60 trillion won last year.

At the plenary meeting of the National Assembly's Planning and Finance Committee on the same day, in response to the People Power Party lawmaker Yoo Kyung-jun's question, "Was the resignation of the Tax Policy Bureau chief after only nine months in office a dismissal due to responsibility for the tax revenue error?" Hong said, "If it is necessary for me to step down and I am not at the end of my term, I will resign."

He explained, "I am also distressed as if I am shifting the responsibility entirely onto my subordinates," adding, "However, the Tax Policy Bureau chief also had the will to take some responsibility, and I thought that doing so was a duty to the public."

He continued, "I judged that the Tax Policy Bureau also needed to change," and said, "I mentioned the personnel changes from the perspective of strengthening communication under the judgment that if various opinions are incorporated into the Tax Policy Bureau and decisions are made collectively, it would help reduce such errors."

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