President Yoon Vows to Reform State Affairs After Parliamentary Election Defeat
|President Yoon needs to figure out how to decrease inflation and improve Korea’s overall economic outlook. I think that is what what voters were telling him with this election defeat for his political party:
President Yoon Suk Yeol has vowed to reform state affairs to reflect people’s will following the ruling party’s crushing defeat in the parliamentary elections, the presidential office said Thursday.
“I will humbly accept the will of the people expressed in the general election, and will strive to reform the administration and do my best to stabilize the economy and enhance people’s livelihoods,” Lee Kwan-seop, presidential chief of staff, quoted him as saying during a press conference.
Prime Minister Han Duck-soo as well as three senior presidential aides, including Lee, offered to step down to take responsibility for the election defeat, according to the office.
Yonhap
You can read more at the link, but expected grid locked government for the next three years of Yoon’s term because he will need help from the DPK to get any legislation approved. This very unlikely to happen considering the hostile relationship between Yoon and the DPK’s leader Lee Jae-myung.