Opinions of Mid-sized Companies on the Liberation Day Special Amnesty

The mid-sized enterprise sector expressed agreement with the government's intention to carry out a special pardon on Liberation Day, focusing on economic leaders including heads of major companies. The Korea Federation of Mid-sized Enterprises stated in a commentary on the 14th, "To live up to the name of the special pardon, not only the economic leaders returning to the field but the entire business community must make relentless efforts to fulfill their fundamental missions such as expanding investment and creating jobs." They expressed hope that consensus would spread as an extraordinary measure aimed at promoting the continuous development of the Republic of Korea community, rather than a privilege before the law.

Mid-sized Enterprises Sector "Sympathizes with Government's Will for Special Amnesty Centered on Businesspeople" View original image

The Federation also evaluated, "Especially, the policy excluding pardons for certain politicians and public officials who cause social conflicts and have low public acceptance, while broadly encompassing small and medium-sized business owners and small merchants from various industries, is understood as a symbolic expression of determination to alleviate the anxiety caused by the prolonged economic downturn following COVID-19, invigorate public sentiment, and lead social cooperation for economic re-leap."



Furthermore, the Federation emphasized, "With many economic indicators still uncertain and the challenging second half of the year imminent, a shift in perception encompassing companies, workers, and the public is essential, in addition to this government's progressive measures, to fully promote private-led growth as a means and foundation for a sustainable economy."


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

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