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I think at this point most are tired of incremental news on our ex-president, so I changed the title of the article to match what I think is the more interesting piece of information from the article, namely the acting president's plan to revive the economy. Time will tell if this plan works out. I'm skeptical.
Meanwhile, South Korea's acting president Han Duck-soo on Tuesday called during a cabinet meeting for next year's government budget to be swiftly implemented from the start of 2025 in order to help revive the country's slowing economy.
Han has been working to reassure South Korea's allies and calm financial markets since taking over the duties of Yoon after the president was impeached.
The government has decided to frontload 75% of its 2025 budget to be implemented during the first half of the year, the finance ministry said in a statement on Tuesday.
South Korea faces economic challenges, including heightened uncertainty for the trade-dependent country created by U.S. President-elect Donald Trump's pledge to hike tariffs, as export growth in Asia's fourth-largest economy slowed for a fourth-straight month in November, to the weakest level in 14 months.
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