Minju: "Yoon Administration's Incompetence and Irresponsibility Confirmed in Settlement Review... Will Sound the Alarm"

"Causing Tens of Trillions Won in Tax Revenue Shortfall"

The Democratic Party of Korea announced on the 27th that it will conduct a thorough review of the Seoul-Yangpyeong Expressway, the Saemangeum World Scout Jamboree, and the costs related to the relocation of the presidential office in the 2022 fiscal year National Assembly settlement bill examination.

[Image source=Yonhap News]

Kim Min-seok, Chairman of the Policy Committee, and Kang Hoon-sik, the opposition party secretary of the National Assembly Budget and Accounts Committee, announced the direction of the settlement bill review at a press briefing held at the National Assembly on the same day. The National Assembly Budget Committee plans to conduct a departmental review of the settlement bill from the 30th of this month to the 4th of next month.

They stated, "The incompetence, irresponsibility, and inertia of the Yoon Seok-yeol administration are increasing public anxiety and suffering," and criticized, "The government's incompetence, irresponsibility by blaming others, and inertia have been revealed in the poor preparation for the Jamboree, the reversal of the Seoul-Yangpyeong Expressway, and the hasty relocation of the presidential office, residence, and secretariat."

They continued, "The government's tax revenue forecast last year for this year has resulted in a tax revenue shortfall amounting to tens of trillions of won, confirming the government's incompetence even in fiscal management," and emphasized, "We will point out the failures of the Yoon Seok-yeol administration in detail during the settlement review and sound the alarm."

The Democratic Party plans to focus on raising issues regarding a total of 168 contentious projects divided into five major areas: ▲government incompetence and mistakes ▲large-scale non-execution of key projects from the Moon Jae-in administration ▲poor execution management including misuse and excessive non-execution of transferred funds ▲projects requiring institutional improvement ▲and poor execution management of disaster safety projects.

The Democratic Party cited examples such as the light aircraft carrier project, which was fully non-executed, the smart pipeline management infrastructure project to resolve the 'red tap water' incident with an actual execution rate in the 60% range, and the employment creation incentive project, stating that these were key projects promoted by the Moon Jae-in administration necessary for public welfare but suffered large-scale non-execution simply because the government changed.

They pointed out the need for institutional improvements regarding the opaque execution details of the Ministry of Justice and Prosecutor's Office special activity expenses, the local love gift certificate payment project, and the policy to relax eligibility requirements for rental housing tenants. Additionally, they plan to raise issues about the large carryover amounts in flood disaster preparedness projects, which require urgent promotion to respond to the climate crisis.

The Democratic Party decided to request an audit by the Board of Audit and Inspection if deficiencies are confirmed in the review results for nine cases including the Seoul-Yangpyeong Expressway project, confusion in education policy, the presidential office relocation, the Osong underpass flooding accident, flood disasters, and indiscriminately executed special activity expenses. Furthermore, they plan to demand six disciplinary actions against Ministry of Economy and Finance officials responsible for causing tax revenue shortfalls, and twelve corrective measures for policy failures such as the non-execution of the light aircraft carrier project and passive operation of the New Deal Fund.

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