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PM Han: Tax Reform, Real Estate Issues Need Swift, Precise Approach
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

PM Han: Tax Reform, Real Estate Issues Need Swift, Precise Approach

From Dong-A Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

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  • Prime Minister Han Duck-soo emphasized that tax reform and real estate issues have a significant impact on people's lives, requiring swift and precise approaches.
  • He stated that recovering the livelihoods economy, stabilizing the real estate market, and rationalizing the tax system are urgent tasks that cannot be delayed.
  • Han also highlighted the need for the government and party to work together to create solutions, congratulating Kim Min-seok on his new role as leader of the Democratic Party.

Prime Minister Han Duck-soo stressed on August 23 that tasks such as recovering the livelihoods economy, stabilizing the real estate market, and rationalizing the tax system are urgent and cannot be delayed. Speaking at a high-level party-government consultation meeting, Han noted that these issues are of high public interest and have a significant impact on people's lives, necessitating careful and precise approaches.

Recovering the livelihoods economy, stabilizing the real estate market, and rationalizing the tax system are tasks that cannot be delayed even for a moment.

โ€” Han Duck-sooDuring a high-level party-government consultation meeting.

"Tax reform and real estate issues have a high impact on people's lives, so we must approach them swiftly and precisely," Han stated. He added that even minor changes in these systems can have far-reaching consequences, requiring meticulous attention. He urged the party, government, and presidential office to review the main points together, make swift improvements, and take proactive steps to improve people's lives as quickly as possible.

The Prime Minister also mentioned that major parliamentary schedules, including the Budget and Accounts Committee and parliamentary audits, are set to begin soon. He expressed his intention to use these opportunities to thoroughly explain the purpose and content of the government's policies to the public. He also encouraged the party to effectively communicate the public's concerns from the field, which would greatly assist in conveying the government's achievements.

Tax reform and real estate issues have a high impact on people's lives, so we must approach them swiftly and precisely.

โ€” Han Duck-sooEmphasizing the need for careful handling of policy changes.

In other matters, Han announced that the government had designated parts of Geoje and Tongyeong as special disaster areas due to flood damage, pledging swift execution of necessary support for affected residents and thorough recovery efforts. He reiterated the government's commitment to balancing economic progress, which improves people's lives, with safety, which protects daily life. Congratulating Kim Min-seok on his election as the new leader of the Democratic Party, Han acknowledged Kim's prior experience as Prime Minister and his deep understanding of the government's challenges, expressing confidence in their collaborative efforts to find solutions.

We must be a party, government, and presidential office that creates solutions.

โ€” Han Duck-sooCongratulating the new Democratic Party leader and emphasizing collaboration.
DistantNews Editorial

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.