Kim Min-seok, leader of the Democratic Party, stated on October 21 that "to maintain power, we must continuously succeed in reform and aim for a structural majority," expressing his commitment to completing reforms necessary for regaining power.
During an appearance on the party's YouTube channel, Minty 07, Kim said, "Regaining power can ultimately be seen as the last report card showing how successfully the government has been run. Continuous governance is the report card for everything the Democratic Party does. President Lee Jae-myung also has a firm understanding of the need for regaining power."
He emphasized, "While there are differences in opinions within the party regarding priorities for reform and strategies, we must broadly aim for a structural majority to successfully continue reforms and maintain governance."
Kim also addressed President Lee Jae-myung's recent comments at the State Council regarding the slow pace of legislation related to industrial safety, stating, "We are continuously monitoring this with Chief Deputy Whip Cheon Jun-ho."
Additionally, Kim commented on the International Monetary Fund's (IMF) upward revision of South Korea's potential growth rate for this year and next, saying, "This indicates that the economy is rebounding towards advanced country status, which has significant structural implications."
However, he stressed the importance of the cost of living for ordinary citizens, stating, "We need to improve systems for vulnerable groups, such as youth and small business owners, who feel the impact less. We must break away from the trend of economic polarization. Once the National Assembly's audit concludes, the budget discussions will begin. I will ensure that this budget leads to growth for everyone."
Kim added, "I communicated with Chief Deputy Whip Cheon the day before. Legislative activities for essential bills are progressing relatively quickly compared to usual. Nevertheless, there are still pending legislative tasks. We will strive for their prompt processing."
* This article has been translated by AI.
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