Moon jae-in delivered his last policy address in office, emphasizing overcoming the crisis to revive the economy

Seoul, October 25 (China News Service) -- On october 25, local time, South Korean President Moon Jae-in delivered a policy speech on the 2022 budget in the National Assembly, which was also his last policy address during his term of office. Moon stressed that he will work to overcome the crisis and restore economic and living order in the last six months of his term.

In response to the outbreak, Moon noted that South Korea will formally implement measures to restore order in daily life in stages from November. At that time, the business of small businessmen and self-employed people restricted by epidemic prevention measures will return to normal, and students will gradually return to school. However, the restoration of order in life is premised on continuing to wear masks and stabilizing the control of the epidemic, that is, to move into a sustainable epidemic prevention system while maintaining basic policies such as wearing masks.

On the issue of economic recovery, Moon jae-in said that the South Korean economy is generally stabilizing, and the credit rating remains at the highest level. Although there are still many people who have not felt the warmth brought by the economic recovery, the government has promised to make every effort to promote inclusive and inclusive recovery.

Moon also pointed out many problems in Korean society. For example, South Korea's low birth rate, poverty rate for the elderly, suicide rate, and work-related injury mortality rates remain high, and real estate remains the most serious livelihood problem and reform issue. Moon stressed that in order to solve these problems and achieve a comprehensive economic recovery, next year's fiscal policy is bound to play an important role, and called on The National Assembly to actively cooperate in handling next year's budget.

Moon Jae-in said that next year's budget includes a medical and epidemic prevention budget for protecting the health and life of the people, a budget to support small businessmen and vulnerable groups, and a budget for the structural transformation of the future economy, including the Korean version of the New Deal. It is hoped that the government and the public will conduct cross-party discussions and cooperation on the budget of the last period of the current government and the first period of the next government.

Moon concluded by saying that the National Assembly has provided a lot of help to the government in overcoming the crisis, and hereby expresses his gratitude to all members of The National Assembly. In the future, we will not forget our original intention and continue to fulfill our mission. (End)

Source: China News Network