Acting Minister of Planning and Budget Calls Elon Musk’s Comments on South Korea’s Low Birth Rate a “Painful Wake-Up Call”
South Korea’s acting planning minister cited Elon Musk’s warning on the country’s low birth rate, calling it a critical issue requiring urgent national action and policy reform.
Lee Hye-hoon, nominee for Minister of Planning and Budget, emphasized the need for proactive and efficient fiscal policy to support economic recovery and address structural challenges, pledging responsible reforms and targeted spending amid heightened uncertainty.
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Lee Hye-hoon Says 'Consistent Belief That Fiscal Policy Must Play Its Role When Needed'
Lee Hye-hoon, nominee for Minister of Planning and Budget, emphasized the need for proactive and efficient fiscal policy to support economic recovery and address structural challenges, pledging responsible reforms and targeted spending amid heightened uncertainty.
Lee Hye-hoon, nominated as South Korea's first Minister of Planning and Budget, pledged to align with President Lee Jae-myung's dual focus on growth and welfare, vowing to prioritize economic revitalization and national unity.
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