Kim Min-seok on President Lee's National Assembly Address: "All-Out Effort to Overcome Inequality and Polarization"

"Listen to and address concerns in communities"
Particular focus on young people, small business owners, farmers and fishers

Kim Minseok, leader of the Democratic Party of Korea, said on Monday, "As the president emphasized, from now on we must devote all our efforts to overcoming inequality and polarization."

In a post on his social media account that day, Kim said, "The president explained next year's budget proposal in an address to the National Assembly," adding, "It was an address that shared not only concrete plans for three major mega-projects, seven SEED initiatives, three major livelihood projects, and the Future Response Fund, but also the grand dream of advancing toward an 'irreplaceable Korea' that leads the world."

Kim Minseok, leader of the Democratic Party of Korea, delivers opening remarks at a Supreme Council meeting at the National Assembly on the 30th of last month. Photo by Yoon Dongju

He added, "After being pushed to the brink by the fallout from the illegal martial law and insurrection, Korea has quickly embarked on a path to normalization and recovery since the People's Sovereignty Government took office, thanks to the dedication and efforts of all its citizens. The economy grew 3.8% in the first half of this year, and the potential growth rate is forecast to rebound for a second consecutive year for the first time in 40 years. The era of $1 trillion in annual exports and per capita GDP of $40,000 is also within reach."

Kim said, "Korea will pursue 'growth for all,' ensuring that the fruits of growth do not remain confined to particular groups, the Seoul metropolitan area, or large corporations, but are widely shared. The three major mega-projects in semiconductors, physical AI, and data centers will open up the future, while the three major livelihood projects in jobs, housing stability, and inclusive finance will make our society stronger and more caring."

He also said, "As the party of ordinary people and the middle class, the Democratic Party will have all its lawmakers and party officials visit communities, listen to what citizens have to say, and address their concerns." Kim added, "We will pay close attention to the relevant budget allocations to ensure that young people, small business owners, farmers, and fishers do not lose hope. The Democratic Party will work with local governments on their concerns about local finances and develop solutions."

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