[Yoon Suk-yeol Elected] Prime Minister Kim: "Support to Ensure Smooth Transition of New Government"

[Image source=Yonhap News]

[Asia Economy Sejong=Reporter Kim Hyewon] Prime Minister Kim Boo-kyum congratulated Yoon Seok-yeol, the People Power Party candidate, on his election as the 20th president on the 10th, stating, "The government will work sincerely in consultation with the president-elect's side to ensure a smooth transfer of power to the new administration."

In a statement released that day, Prime Minister Kim said, "Each ministry should properly organize current issues and tasks and spare no effort to support the next government’s success."

Prime Minister Kim emphasized, "There are still two months left in the Moon Jae-in administration’s term. It is not a short period," adding, "The COVID-19 spread is reaching its peak, and there are pressing issues to be addressed immediately, such as wildfires in the Gyeongbuk and Gangwon regions and the repercussions of Russia’s military invasion of Ukraine. There must be no gaps in state affairs even for a single day."

He continued, "The government will do its best to thoroughly manage state affairs until the last day of the term. We will protect the lives and safety of the people and monitor the economic situation," urging, "Public officials should also remain steadfast and devote themselves to their respective duties."

Prime Minister Kim, who was diagnosed with COVID-19 on the 3rd and underwent home treatment until the previous day, resumed his schedule on this day. On the 11th, he plans to visit the wildfire damage sites in Gangwon regions such as Gangneung, Donghae, and Samcheok.

Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki, who is undergoing home treatment after testing positive for COVID-19, convened a meeting of senior officials at level 1 and above, chaired by the Deputy Prime Minister, at 2 p.m. on the 13th after his quarantine ends. Following the confirmation of the president-elect, Deputy Prime Minister Hong instructed the Ministry of Economy and Finance to form and operate an ‘internal team’ led by the Planning and Coordination Office chief starting from this day to timely carry out necessary review measures.

Deputy Prime Minister Hong said, "All Ministry of Economy and Finance staff must respond with utmost priority and without any disruption to the most urgent and critical issues at hand, including the economic impact of the Ukraine situation, inflation and livelihood stabilization, exchange rates, credit ratings, and other external volatilities."

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