Democratic Party shifts to livelihood policies amid approval concerns

The Democratic Party of Korea is postponing controversial bills and prioritizing livelihood policies amid surveys showing a decline in President Lee Jae Myung’s approval rating. Leader Kim Min-seok made the pledge on the 28th while concluding a parliamentary workshop in Incheon, calling for a "people’s livelihood first" approach to overcoming internal and external crises. He said every lawmaker would receive specific missions under an "all-out war system" and that the party would support and monitor their work. Kim also welcomed the Bank of Korea’s upward adjustment of this year’s GDP growth rate, attributing it to the semiconductor boom and the efforts of businesses and the public. After the Bank of Korea’s base rate hike, he said the party would monitor prices, household debt, exchange rates, markets and livelihood conditions, while preparing measures to protect financially vulnerable groups from excessive repayment burdens. He also called for the safe return of nine South Korean nationals missing after floods in Nepal and said Floor leader Han Byung-do would manage the necessary National Assembly-level response.

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