South Korea's President Lee Jae-myung Proposes Budget Increases and Policy Initiatives
South Korean President Lee Jae-myung proposed budget increases and various policy initiatives, including research into low-cost sanitary pad production for free distribution and supplementary budgets for cultural sectors. He reaffirmed support for the rural basic income project, confirmed plans for nuclear power plant construction, and announced a 40 trillion Korean won investment for integrated cities over four years. Additionally, he suggested installing Hangeul nameplates for foreign tourists and designating Hyochang Park as a national park.
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President Lee Jae-myung announced plans to research low-cost sanitary pad production for free government distribution, addressing high prices compared to foreign countries. He discussed potential supplementary budgets for cultural sectors and reiterated support for the rural basic income project.
Additionally, he emphasized the relocation of HMM to Busan and confirmed plans for nuclear power plant construction amid public support. The government aims to provide 40 trillion Korean won to integrated cities over four years. Minister Chae Hwi-young proposed installing Hangeul nameplates for foreign tourists, and President Lee suggested designating Hyochang Park as a national park.
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