Choi Sang-mok's Advice to Lee Jae-myung: "Economic Recovery Requires Political Stability"

Conveying the Need for a Supplementary Budget
Choi Sang-mok Requests Processing of Special Taxation Act and Semiconductor Act
Lee Jae-myung: "Not Arresting Because the Suspect Might Resist... This Is Not Right"

Lee Jae-myung, leader of the Democratic Party of Korea, on the 13th requested Choi Sang-mok, Acting Prime Minister and Minister of Economy and Finance, to "consider ways that would help achieve practical political stability," saying, "If the political situation stabilizes and becomes predictable, the economy can revive in a rational social atmosphere." Lee also conveyed the necessity of an early supplementary budget to Acting Prime Minister Choi.

Lee met with Acting Prime Minister Choi at the National Assembly on the same day. In a public statement, Lee expressed concern, saying, "Order and stability must be established for the economy to regain vitality," and added, "Although security issues are being well managed, from the perspective of maintaining order, it seems we are falling into complete disorder." He urged for the expedited execution of the arrest warrant against President Yoon Seok-yeol.

He also said, "It feels somewhat wrong, like saying we should not arrest corporations because they might resist."

Acting President and Deputy Prime Minister as well as Minister of Economy and Finance Choi Sang-mok shakes hands with Lee Jae-myung, leader of the Democratic Party of Korea, before their meeting at the National Assembly in Yeouido, Seoul on the 13th. Photo by the National Assembly Press Photographers Group

Lee stated, "The more difficult the times, the more we must adhere to principles," and added, "There must be principles and standards for restoring politics and legal order, and I have consistently said that predictability and uncertainty regarding this situation should be eliminated."

After the meeting, Cho Seung-rae, chief spokesperson for the Democratic Party, introduced that Lee conveyed the necessity of drafting a supplementary budget. Cho said, "In the current situation, early execution of finances alone cannot resolve these difficulties," and added, "He requested a review of the supplementary budget and mentioned that it would be good to discuss it later through a national policy consultation body."

Acting Prime Minister Choi conveyed requests to promptly process the Restriction of Special Taxation Act, tax laws, the Semiconductor Special Act, the Power Grid Act, the Offshore Wind Power Act, and the Special Act on the Management of High-level Radioactive Waste.

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