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A Sneak Peek at 2027 Youth Policies... Cheong Wa Dae Hosts 'Budget Unboxing' Event

A Sneak Peek at 2027 Youth Policies... Cheong Wa Dae Hosts 'Budget Unboxing' Event
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▲ President Lee Jae-myung

Ahead of the announcement of next year's government budget bill, an event will be held today (the 28th) at Cheong Wa Dae to directly explain youth-related budgets and key projects to young people and listen to their opinions.

President Lee Jae-myung will preside over the "Youth Budget Unboxing 2027" event at Cheong Wa Dae this afternoon.

During the event, the overall outlook for next year's youth budget and its key projects are scheduled to be announced.

Attendees will include the Prime Minister, ministers of related ministries such as the Ministry of Finance and Economy and the Ministry of Budget and Planning, the heads of nine related agencies, as well as youth coordinators and youth advisory panels from each ministry.

Today's presentations on the overall youth budget and key projects will be led by working-level officials who actually participated in the project design process for each ministry.

This marks a departure from conventional briefings, which have typically been led by ministry heads such as ministers.

First, the Ministry of Budget and Planning will provide a comprehensive explanation of next year's overall youth budget, investment directions, and project details tailored to different stages of growth.

Following this, the Financial Services Commission and the Ministry of Land, Infrastructure and Transport will present during Session 1, while the Ministry of Education, the Ministry of Employment and Labor, the Ministry of Culture, Sports and Tourism, and the Ministry of Health and Welfare will explain their key projects in Session 2.

After the presentations by each ministry, there will also be a session to listen to and answer feedback from young people and experts regarding the policies and projects.

This is the first time the government has explained major budgets and projects prior to the official budget announcement, and holding a separate event focusing specifically on the "youth budget" is considered even more unusual.

This is also interpreted as part of the government's ongoing, focused rollout of youth-centric policies and strategies aimed at rebounding the approval ratings among the 2030 generation, which have recently shown a downward trend.

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.
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