Kim Min-seok
Cheong Wa Dae, PM's office to launch emergency economic teams for Middle East crisis
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Prime Minister Kim Min-seok announced on March 25 that two emergency economic teams will launch at Cheong Wa Dae and his office to address the Middle East crisis. The move responds to the widening impact of the ongoing war involving the United States, Israel and Iran. He stressed the need to bolster the government's preemptive response for prolonged scenarios, including worst-case ones.
South Korean Prime Minister Kim Min-seok has commended Pearl Abyss and its game Crimson Desert for opening a new chapter in K-content. He highlighted the title's massive sales and its role as a turning point for the national gaming industry. The praise came via his personal social media account.
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Prime Minister Kim Min-seok vowed on Monday that the government would use taxpayers' money responsibly after the Cabinet approved guidelines for the 2027 budget. The plan emphasizes an expansionary fiscal policy to foster new growth engines, with spending set at 764.4 trillion won ($503 billion), up 5 percent from 728 trillion won this year.