Mar 17 • 01:47 UTC 🇰🇷 Korea Hankyoreh (KR)

President Yoon asks the National Assembly to expedite war budget review

President Yoon has urged the National Assembly to quickly review the war budget in response to the increased difficulties faced by vulnerable communities following the outbreak of the Israel-Iran war.

On December 17, President Yoon Suk-yeol addressed the ongoing crisis stemming from the recent outbreak of war between Israel and Iran, particularly emphasizing the adverse impacts on vulnerable populations and ordinary citizens. During a Cabinet meeting, he urged the National Assembly to prioritize the expedited processing of a supplementary budget aimed at alleviating these issues, highlighting that crises often lead to disproportionate benefits for specific groups while the majority of the public suffers. Yoon called for swift action to ensure that the much-needed financial assistance reaches those who are struggling the most.

Furthermore, Yoon pointed out that many businesses are seeing concentrated profits during wartime, which exacerbates inequalities for those in precarious positions. He stressed the need for targeted income support policies that go beyond mere adjustments and called for innovative approaches to budgeting, specifically suggesting that if a supplementary budget is passed, it should focus heavily on local areas and truly impactful measures. Yoon's comments reflect a broader understanding of the economic disparities heightened by conflict and the need for a proactive government response to safeguard the well-being of its citizens.

In his concluding remarks, President Yoon reassured the public about the government's capability to navigate these challenging times, promising that all available means would be employed to prevent disruption in citizens' lives. He encouraged trust in the government's efforts and urged citizens to maintain their resilience in daily life, illustrating the government's commitment to addressing the socioeconomic fallout from the ongoing global conflicts.

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