The Office of the President on Feb. 2 announced the top 10 achievements of President Yoon Suk Yeol during his first nine months in office.
By Yun Dahee
Photos = Office of the President's Facebook page
The Office of the President on Feb. 2 announced the top 10 achievements of President Yoon Suk Yeol during his first nine months in office.
The 10 accomplishments reflect the president's governing philosophy to restore the country to a global economic power and return it to the people under the constitutional spirit of liberal democracy, the office said, as well as his intent to keep his promise to the nation under any circumstances.
From this year, a family with an infant up to 11 months old can receive a subsidy of KRW 700,000 and one with a toddler age 1 born after January last year KRW 350,000.
Among his major policy actions for child care and youth, the presidential office chose as the most outstanding "monthly parental subsidy of KRW 700,000 for a family with an infant up to 11 months old"; "Youth Leap Savings Account (unofficial translation) to save KRW 50 million over five years"; and "supply of 340,000 public housing units for youth."
President Yoon Suk Yeol through his state visit to the United Arab Emirates (UAE) attracted USD 30 billion in investment from the Mideast country, the largest in the UAE's history, and signed 48 memorandums of understanding. Exports last year also reached a record-high USD 683.9 billion, up 6.1% from USD 644.4 billion in 2021.
Turning to the economy, the list featured "attraction of KRW 40 trillion in investment from United Arab Emirates (UAE) sovereign wealth funds"; "alleviation of real estate restrictions in areas with triple regulations"; "rise to the world's sixth-largest exporting country through record-high exports"; and "investment mission of 101 entrepreneurs as one team."
A solid-fuel space launch vehicle developed solely with domestic technology on Dec. 30 saw a successful second test flight. The nation's defense industry last year also reaped record-high exports of USD 17.3 billion (KRW 21.5 trillion), over double the USD 7.25 billion earned the year before.
