[Independence Day Pardon] Yoon "Pardon, Carefully Decided... Hope It Becomes an Opportunity to Overcome the Economic Crisis (Update)"

President Yoon Suk-yeol presided over a temporary Cabinet meeting at the Presidential Office in Yongsan, Seoul, on the morning of the 12th, collectively presenting agenda items on special pardons, sentence reductions, reinstatements, and remission measures. [Image source=Yonhap News]

[Asia Economy Reporter Baek Kyunghwan] On the 12th, President Yoon Suk-yeol, who carried out a special pardon for the August 15 Liberation Day, stated, "I hope that the special pardon will serve as an opportunity for all citizens to unite and overcome the economic crisis."

On the same day, President Yoon presided over an emergency Cabinet meeting at the Yongsan Presidential Office and collectively presented the agenda for special pardons, sentence reductions, reinstatements, and remission measures, making these remarks.

President Yoon said, "Through this pardon, we aim to stabilize the livelihoods of ordinary citizens who have suffered due to the prolonged COVID-19 pandemic and provide opportunities and hope for small and medium-sized enterprises, small business owners, and the vulnerable in our society to recover." He added, "The targets and scope of the pardon were carefully decided after broadly gathering opinions from various sectors to overcome the difficult economy. The government will also prioritize strong support for the vulnerable in our society by tightening the public sector, restructuring expenditures, and using the resulting fiscal capacity to overcome the economic crisis."

Additionally, he ordered prompt support and measures for the recent heavy rain damage. President Yoon said, "The damage from this concentrated heavy rain is significant. I have been monitoring the situation and focusing on the field throughout the week, and I urge Cabinet members to frequently visit the sites and swiftly take necessary actions."

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