South Korea's new President Lee Jae-myung emphasized unity as he assumed office, addressing the country's deep political divisions following a recent martial law declaration. During his inauguration, Lee committed to being a president for all citizens while pledging to revive the economy and implement policies that benefit ordinary people. With growth forecasts downgraded by the OECD predicting just 1% GDP growth in 2025, Lee urged the need to restore peace and democracy, hinting at the mismanagement of his predecessor Yoon Suk Yeol, whose administration faced controversy over military force.
“No matter whom you supported in this election, I will serve as a president for all, to embrace and serve every citizen,” Lee said during his swearing-in ceremony.
“It is time to restore security and peace, which have been reduced to tools of political strife, to rebuild livelihoods and the economy damaged by indifference...” Lee stated.
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