Lee Jae Myung
South Korea rolls out first mass-produced KF-21 fighter jet
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President Lee Jae Myung hailed the first mass-produced KF-21 fighter jet as a symbol of self-reliant defense during a ceremony on March 25 in Sacheon. He vowed to elevate South Korea to one of the world's top four defense powers. The Air Force plans to deploy 120 jets starting in September after evaluations.
President Lee Jae-myung presided over a meeting on March 18 with financial authorities and investors to address capital market volatility from ongoing Middle East tensions—building on last week's emergency economic review—and discuss structural reforms. Attendees included Financial Services Commission Chairman Lee Eog-won and Financial Supervisory Service Governor Lee Chan-jin.
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President Lee Jae Myung criticized politicians on social media platform X on February 18 for encouraging multiple home purchases for investment, calling them the "real ills" of society. The remarks responded to main opposition leader Rep. Jang Dong-hyeok, who called Lee's recent posts on the real estate market "pathetic" and accused him of stigmatizing multiple home owners. Lee has repeatedly urged such owners to sell their properties before a heavy capital gains tax exemption expires in May.