President Lee vows to revive economy


Sweet victory: Supporters congratulating Lee as he departs from Incheon for the National Assembly to attend his inauguration ceremony in Seoul. — Reuters

THE nation’s new liberal President Lee Jae-myung pledged yesterday to raise the country from what he described as the near destruction caused by a martial law attempt and revive a struggling economy facing global protectionism.

Lee’s decisive victory in Tuesday’s snap election stands to usher in a sea change in Asia’s fourth-largest economy, after backlash against a botched attempt at military rule brought down Yoon Suk-yeol just three years into his troubled presidency.

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