President Lee welcomes faster legislative process after bill passage

South Korean President Lee Jae-myung celebrated the National Assembly's approval of a bill that significantly shortens the legislative review process. The new law reduces the time it takes to review fast-tracked bills from a maximum of 330 days to just 90 days.

"Now that things will move more swiftly, I am truly glad," President Lee stated on his X (formerly Twitter) account, sharing a post from Democratic Party lawmaker Lee Hoon-ki, who spearheaded the bill. Lee extended his gratitude to the lawmakers, particularly those from the Democratic Party, for their efforts. He also expressed thanks to the public, who are awaiting reforms in areas like housing policy and administrative improvements.

The legislation, driven by the ruling party, sets a 60-day limit for standing committees and an additional 30 days for the Legislation and Judiciary Committee's review of systemic and wording matters. However, the main opposition People Power Party vehemently opposed the bill, labeling it a "rubber stamp law" and casting dissenting votes.

President Lee highlighted that the expedited process will benefit citizens awaiting crucial reforms in housing and administrative sectors. The passage of this bill is seen as a significant step towards more efficient governance and policy implementation in South Korea.