South Korea President Moon Jae-in dubbed his ruling Democratic Party’s defeat in the Wednesday’s by-mayoral elections as a reprimand from the people.
The president was quoted saying that he will deliver state affairs with more responsibility to satisfy the demands of the public.
“President Moon said he will carry on with his duties with a humble demeanor and with a heavier sense of responsibility. He will concentrate efforts to fulfill citizens’ desperate demands such as overcoming COVID-19, revitalizing the economy, stabilizing people’s livelihoods and rooting out real estate corruption,” the presidential spokesperson said.
The significant win of the conservative bloc can affect the president big time.
The DP has established three important wins following their triumph in the 2016 general election. They won against their rival in the presidential election in 2017, the local election in 2018, and the general election in 2020.
The by-elections on Wednesday, however, was done despite a fast decrease recorded by the present administration. The skyrocketing real estate prices, the allegations of corruption at the Korea Land and Housing Corporation, and the delays on its vaccination program seemed to have contributed to the low approval ratings of Moon and his government.
While the Cheong Wa Dae is creating a mark between the election results and the upcoming state affairs, losing grip of power seems to loom as the president is left with only one year in the top position.
“We will focus on realizing people’s desperate needs, such as overcoming the coronavirus, economic recovery, stabilizing people’s livelihoods and eliminating corruption,” the president was quoted saying.
Political observers said the president will most likely do a major revamp following the elections result.
Prime Minister Chung Sye-kyun recently said he wanted to bid for presidency and the Cheong Wa Dae is expected to accept his resignation.
It would also most likely accelerate choosing who to replace him and deputy prime minister.
“Chung has made up his mind to offer his resignation to President Moon Jae-in next week when he returns from a visit to the Middle East,” a source said, who refused to be named. He is on scheduled travel to Iran to talk on the release of a South Korean-flagged vessel captured some three months ago.
Meanwhile, Minister of Land Byun Chang-heum’s replacement is also anticipated as he already expressed his intention to retire last month following the land-buying scandal surrounding the state-run housing corporation. Replacements are also expected in the ministers of trade and labor, agriculture, and maritime.