Elected Kim Dong-yeon: "President Yoon Must Form Emergency Economic Measures Meeting... This Is an Emergency Situation"

Kim Dong-yeon, Governor-elect of Gyeonggi Province (left), is giving opening remarks before presiding over the Gyeonggi Province Emergency Economic Measures Meeting on the 17th.

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Kim Dong-yeon, the governor-elect of Gyeonggi Province, urged the immediate formation of an emergency economic countermeasure meeting chaired by the president, stating that the world is currently in an emergency economic situation.

He also requested that Gyeonggi Province organize and promote related policies to address livelihood issues even before the governor's inauguration, and prepare a supplementary budget to secure funding related to these efforts.

On the 17th, at the Gyeonggi Province Governor Transition Committee in Jangan-gu, Suwon, Kim, before presiding over the 'Gyeonggi Province Emergency Economic Policy Meeting,' said in his opening remarks, "Based on my experience overcoming economic crises and my time as Deputy Prime Minister for Economic Affairs, I believe the current situation is an emergency economic state," and emphasized, "It is urgent to form an emergency economic countermeasure meeting chaired by the president."

He particularly noted, "One of the reasons we were able to quickly overcome the 2008 global financial crisis was the strong leadership combined with an early transition to an emergency economic system," adding, "If the government forms an emergency economic countermeasure meeting, provincial governors should also attend to fully share past experiences and cases of overcoming the foreign exchange crisis."

Kim also stated, "Looking at the government's economic management direction announced yesterday, although they have put considerable thought into it, there are concerning aspects," emphasizing, "There are shortcomings in measures for vulnerable groups and polarization issues, making the formation of an emergency economic countermeasure meeting even more important."

Furthermore, he advised, "In such an emergency situation, there can be no distinction between ruling and opposition parties," and added, "The political sphere must unite, and the ruling and opposition parties should create an economic crisis response consultative body to work with experts, putting their heads together to provide stability and reassurance to the domestic market and the people."

Kim also called for measures at the Gyeonggi Province level.

He first pointed out, "As I feel during every crisis, vulnerable groups suffer difficulties at a much faster rate in such situations," and stressed, "Therefore, it is essential to prepare measures for vulnerable groups in crises, and furthermore, special measures are needed for general households, financially vulnerable small business owners, self-employed individuals, and small and medium-sized enterprises."

He continued, "For resolving these livelihood issues, I ask that the First Deputy Governor of Administration prepare urgent measures that can be implemented immediately or require follow-up actions even before my inauguration."

He also requested, "Please organize the campaign promises related to livelihood policies so that they can be prioritized from the transition committee," and added, "Since securing the provincial budget is crucial for promoting livelihood policies, please review the preparation of supplementary budgets and ensure that measures for vulnerable groups are thoroughly included."

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