Park Hong-geun, the nominee for the Minister of the Planning and Budget Department, will have his confirmation hearing on the 23rd, just three months after the department's launch in January without a minister. If appointed, Park's first major task will likely be preparing the supplementary budget aimed at addressing the ongoing economic challenges. Reports suggest that the hearing is expected to proceed smoothly, contrasting Park with previous candidates who faced significant controversies.

In terms of Park's background, he has reported assets totaling approximately 623 million Korean won, including a small apartment, and has addressed concerns regarding his military service and tax declarations that have been scrutinized by opposition parties. Amid these challenges, Park argues that his military exemptions during the democratization movement were legally justified and has clarified that his daughter's income from part-time work was reported to tax authorities after realizing an oversight.

If Park successfully passes his confirmation hearing, he is expected to focus on the urgent preparation of the supplementary budget to bolster the economy, which is showing signs of recovery despite looming crises. His appointment is seen as pivotal for enhancing the department's influence and effectiveness during a critical economic period, particularly for supporting low-income households, small businesses, and farmers. The ministry officials have expressed optimism about Park's candidacy, emphasizing his experience as an influential four-term lawmaker.