People Power Party and Transition Committee Party-Government Meeting... "Discussion on Livelihood Issues, Supplementary Budget, and Regional Balanced Development"

Passage of 1st New Town Special Act and Others
Supplementary Budget Proposal Submitted with New Government Start

Ahn Cheol-soo, Chairman of the Presidential Transition Committee, Lee Jun-seok, Leader of the People Power Party, and Kwon Seong-dong, Floor Leader, attended the first party-government meeting between the People Power Party and the Presidential Transition Committee held at the National Assembly on the 28th, and are talking before the meeting started. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Lee Hyun-joo] On the morning of the 28th, the People Power Party and the Presidential Transition Committee held their first party-government consultation at the National Assembly to finalize the national agenda of the Yoon Suk-yeol administration, which will be announced next week.

Heo Eun-ah, chief spokesperson of the People Power Party, and Shin Yong-hyun, spokesperson for the Transition Committee, announced the results of the party-government consultation in a briefing, stating, "The party strongly requested the Transition Committee to prioritize the people's livelihood issues in the national agenda, and the Transition Committee agreed to reflect this." They announced the consultation matters in three areas: livelihood issues, supplementary budget, and the era of regional balanced development.

They first said, "Among livelihood issues, real estate is particularly important," adding, "To solve the chronic real estate problems in the metropolitan area, we will promptly pass laws such as the First New Town Special Act for the reconstruction of old housing, so that the new government can address real estate issues without delay from the start."

They continued, "The party and government will correct real estate policies from the perspective of the people," adding, "We will focus party-government policy capabilities on housing supply, which is the most important solution to achieving housing stability."

They also announced that a supplementary budget bill will be submitted with the start of the new government. The party and government said, "We will prepare a supplementary budget including full compensation for small business owners who suffered the most from COVID-19 quarantine measures," adding, "We will discover available resources to the maximum extent without burdening the finances and demonstrate a responsible government for sustainable finances."

As the six major national goals, they selected ▲politics and administration ▲economy ▲society ▲diplomacy and security as the four basic goals, and further ▲future ▲local era. In the future sector, they said they will address science and technology, creative education, carbon neutrality, and youth issues, and in the local era sector, they will tackle regional imbalance resolution, which is a prerequisite for South Korea's leap forward.

The party and government emphasized, "We will establish a regular party-government consultation and a continuous communication system to show a united party-government more than any previous government," adding, "We will continuously identify the needs of the people and create and implement laws and policies that improve the lives of the people."

After the party-government consultation, Ahn Cheol-soo, chairman of the Transition Committee, told reporters, "There are some titles of the national agenda that need to be revised so that the public does not misunderstand and can understand clearly," and said that there was no discussion on current National Assembly issues such as so-called '검수완박' (complete removal of prosecution's investigative powers) or personnel hearings during the consultation. Chairman Ahn said, "This government focused only on how to operate in the first 100 days and the coming year to provide practical help to the people."

About 20 key figures from the party leadership and the Transition Committee gathered for the consultation. From the party, Lee Jun-seok, the party leader, Kwon Seong-dong, floor leader, Han Ki-ho, secretary-general, Song Eon-seok, chief deputy floor leader, as well as the chairpersons of the National Assembly's Political Affairs Committee and Land, Infrastructure and Transport Committee, the ranking member of the Planning and Finance Committee, the party's chief spokesperson, and floor spokesperson attended. From the Transition Committee, Chairman Ahn, Vice Chairman Kwon Young-se, Planning Committee Chairman Won Hee-ryong, seven subcommittee secretaries, and spokespersons were present.

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