"It's Time for Results and Action in the Second Half"...Minister Hongkeun Park of Strategy and Finance Presides Over Expanded Executive Meeting

Active Communication and Prompt Implementation Emphasized
for Next Year’s Budget Proposal and Mid- to Long-Term National Strategy Planning

Minister of Strategy and Finance Hongkeun Park presided over the first expanded executive meeting of the second half of the year.

Last month, Paik Honggeun, Minister of Strategy and Finance, presiding over an on-site meeting. Photo by Yonhap News.

The Ministry of Strategy and Finance announced on the 16th that it held the “7th Expanded Executive Meeting” at the Government Complex Sejong, chaired by Minister Park. Prior to the meeting, an appointment ceremony was held for the new ministerial policy advisor, along with the presentation of commendation plaques to two exemplary public officials and four long-serving employees, and the awarding of appointment certificates to six newly promoted officials.

Minister Park stated, “As we have entered the second half of the year, it is now time to implement the tasks we have planned,” thereby clearly presenting the direction for work initiatives for the remainder of the year. Regarding the budget proposal for next year, he said the ministry would proactively gather opinions from the National Assembly and political parties and will promptly engage with the 9th-term locally elected governments whose terms commenced this month. He also directed that, in the process of establishing medium- to long-term national development strategies, public opinion should be collected online, with close attention paid to proposals from the younger generation.

In addition, Minister Park stressed the importance of ensuring a swift passage of key bills the ministry is prioritizing, such as the Public Interest Whistleblower Fund Act and the Voluntary Carbon Market Act, through close prior consultation with the relevant parliamentary standing committees. He further urged, “For high-difficulty or key agenda items that require top priority, we must establish even more detailed implementation strategies and proceed with their execution without delay.”

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