Amendment, real estate, stock market, and prosecutorial reform tasks await President Lee after his diplomatic tour
After President Lee Jae-myung's return, constitutional amendment disputes, real estate, the stock market, and prosecutorial reform are emerging as key issues. Watch to see whether a solution to the domestic political situation will emerge through closed-door meetings and the sorting out of positions.
After completing his trip to the United States and South America, President Lee Jaemyung is expected to return home and then address domestic issues such as the constitutional amendment controversy, real estate, the stock market, and prosecutorial reform. The presidential office said on the 3rd that it plans to hold a closeddoor meeting immediately after his return to review related pending issues.
In political circles, voices are emerging that President Lee needs to state his position on the controversy over his recent remarks about a constitutional amendment for presidential reelection. Those remarks sparked interpretive debate over the possibility of an incumbent president serving consecutive terms, and although the presidential office later moved to calm the situation, the controversy continues.
In the economic sphere, dissatisfaction with real estate policy and instability in the stock market are being cited as burdens. Public opinion polls also showed a majority negative assessment of the government's real estate policy, and investor sentiment has been shaken by the recent sharp swings in the stock market. In addition, as a revision to the Criminal Procedure Act that includes the abolition of prosecutors' supplementary investigative authority passed the National Assembly, conflict over prosecutorial reform is also continuing.