President Lee Jae-myung’s withdrawal of Lee Hye-hoon’s nomination as Planning and Budget Office chief raises concerns over a prolonged leadership vacuum, potentially undermining South Korea’s fiscal policy momentum and delaying key appointments and budget decisions.
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The Ministry of Economy and Finance has replaced four Budget Office directors as it prepares to separate its budget functions, with new appointments in key social, economic, welfare, and administrative budget roles.
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Ministry of Economy and Finance Replaces Four Budget Bureau Directors Ahead of Budget Office Separation

The Ministry of Economy and Finance has replaced four Budget Office directors as it prepares to separate its budget functions, with new appointments in key social, economic, welfare, and administrative budget roles.

Yonhap Infomax