Jinseongjun "Decision on Supplementary Budget Must Be Made at National Policy Council"

Democratic Party Policy Coordination Meeting on the 20th
"Recovery of People's Livelihood is Urgent... The Ruling Party Must Join in a Magnanimous Spirit"

Jin Seong-jun, the Policy Committee Chairman of the Democratic Party of Korea, stated, "The first meeting of the National Policy Council will be held in the afternoon," and added, "A decisive decision must be made to prepare a supplementary budget for recovery and growth."

Yonhap News

At the Democratic Party Policy Coordination Meeting held at the National Assembly in Yeouido on the 20th, Chairman Jin said, "We must resolve the national turmoil caused by the internal conflict and work towards the recovery of the people's livelihood economy."

Chairman Jin said, "Due to the sluggish domestic industries such as construction, jobs in the third quarter of last year decreased at the largest rate since statistics began to be compiled, and a special measure is needed to overcome the complex crisis including reduced consumption and an employment cliff."

He continued, "Moreover, concerns about 1% low growth are being raised, and everyone acknowledges the necessity of the supplementary budget," adding, "If the supplementary budget is delayed, its effect will be halved, and the damage will directly fall on the people."

Chairman Jin urged, "Since the recovery of people's livelihood is urgent, we hope that the People Power Party will also join in a magnanimous spirit."

He also raised the need for a special trade committee to respond to the tariff war triggered by the Trump administration. Chairman Jin said, "The Trump government has announced tariffs on steel, aluminum, automobiles, semiconductors, pharmaceuticals, and bio sectors," and added, "A patchwork solution is not enough; a substantial master plan for trade diplomacy is necessary."

He further emphasized, "The government, companies, and the National Assembly must embark on diplomacy that encompasses all experiences," and stressed, "The National Assembly Trade Special Committee proposed to the Democratic Party is necessary, and a bipartisan response must be made for all-out diplomacy."

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