Lee Hyung-il Holds First Meeting with Related Agencies: "Starting Point of All Decisions is the Public and the Field"

Deputy Prime Minister and Minister of Economy and Finance Lee Hyung-il has held his first meeting with related agencies since taking office.

The meeting, held today (the 1st) at the Government Complex Seoul, was attended by the Deputy Commissioner of the National Tax Service, the Commissioner of the Korea Customs Service, the Administrator of the Public Procurement Service, the President of the Korea Investment Corporation, and the Vice President of the Korea Asset Management Corporation.

Deputy Prime Minister Lee explained the current economic conditions, noting that while economic growth continues, the public has not yet felt its effects sufficiently, and structural changes such as the AI transformation must also be addressed.

He emphasized that institutional achievements must translate into outcomes that the public can actually feel.

"Please place the starting point of all decisions on the public and the field," Deputy Prime Minister Lee urged, adding, "Step away from the supplier perspective and conventional practices, listen directly to the inconveniences experienced by the public and businesses, and create tangible changes, no matter how small."

He also requested, "Decided policies must be implemented swiftly and followed through to the end," calling to "reduce unnecessary reporting and measures, and fulfill core tasks until the public can feel the results."

In addition, he asked agencies to incorporate AI into their overall operations in line with their respective characteristics to shorten processing times and enhance the accuracy and convenience of public services.

During the meeting, participants shared the recognition that stabilizing prices is an urgent issue, and discussed pending matters closely related to daily life, such as responding to tax evasion, preventing the abuse of quota tariffs, and improving unfair practices in public procurement.

They also exchanged views on debt adjustment for vulnerable financial groups, export financing support for AI, high-tech industries, defense, and nuclear power sectors, resolving difficulties faced by exporting companies, promoting investment projects in the U.S., and introducing a strategic sovereign wealth fund.

Ahead of the parliamentary audit, Deputy Prime Minister Lee also asked the related agencies to faithfully explain policy achievements and future plans based on accurate facts, while reflecting rational criticisms in policies.

(Photo provided by the Ministry of Economy and Finance, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.