South Korea President Lee Jae-myung. — Bloomberg
SEOUL: President Lee Jae-myung has assembled a pro-spending economic team to spearhead his early policy agenda, while leaving the key post of Finance Minister vacant, a move widely seen as a strategic effort to weaken the Economy and Finance Ministry and shift financial authority towards the presidential office to accelerate policymaking.
The appointments of Kim Yong-beom as Policy Chief of Staff, Ha Joon-kyung as Senior Presidential Secretary for Economic Growth and Ryu Deok-hyun as Advisor for Fiscal Planning highlight the shift.
