Press Conference Promises 'Drastic Deregulation'
Additional Support for Small Business Owners through Supplementary Budget Talks
To the Democratic Party: "Only Thinking About Winning Votes... Deplorable"

Seoul Mayor Oh Se-hoon pointed out that "deregulation is a practical means to revitalize the economy and save people’s livelihoods," criticizing the opposition for not discussing this issue and "paralyzing state affairs with special prosecutor demands."


On the morning of the 22nd, Mayor Oh held a New Year's press conference at Seoul City Hall, repeatedly emphasizing the need for regulatory reform and stating, "By early April, we will work to drastically lift various regulations that may inconvenience your daily lives and shrink business activities as quickly as possible."

[Oh Se-hoon New Year's Press Conference] "Urgent Need to Abolish Regulations... Democratic Party Only Talks About Special Prosecutor" View original image

That day, Mayor Oh repeatedly expressed his determination to abolish regulations, solidifying his position as an 'economic leader.' He announced additional deregulation measures for small and medium-sized enterprises and small business owners closely linked to people’s livelihoods, saying, "Seoul has already started the Power Support Project," and promised, "Seoul will concentrate its capabilities on early budget execution, and if the budget is exhausted due to early execution, we will consider reflecting it once more during the supplementary budget preparation around May to June."


In particular, he urged the National Assembly and the Democratic Party to join the deregulation efforts. Mayor Oh criticized, "The situation in the National Assembly is frustrating. Even though discussions are insufficient, the ruling party, which only talks about special prosecutors and seeks votes, is paralyzing state affairs, which is tragic and deplorable." He added, "Seoul City will act as a catalyst to quickly resolve these issues," and said, "If given the authority to make adjustments, this will be the top priority area to address."


During this process, he also criticized Lee Jae-myung’s policy of 'paying 250,000 won to all citizens.' Mayor Oh said, "The problem is that it costs 13 trillion won, and proposing to spend 13 trillion won while talking about a supplementary budget is hard to interpret as anything other than pandering to popularity with an early presidential election in mind."



Inside and outside Seoul City, it is expected that Mayor Oh will further strengthen his position as an administrative expert and economic leader until the presidential election campaign begins. First, having declared 'Change or Die,' it is anticipated that he will accelerate the 100-day deregulation project. Shortly after declaring a 'war on regulations' in his New Year's address, Mayor Oh released the first deregulation plan easing the ratio of non-residential uses in residential complex buildings in commercial and quasi-residential areas, and within just about 20 days, he unveiled eight deregulation plans in the construction and commercial sectors.


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

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