Reuters:- <\/p>\n\n\n\n
South Korea’s new government will streamline public organisations, the finance minister said on Friday, citing concerns about efficiency after a rapid expansion in their operations under the previous administration.<\/p>\n\n\n\n
The government will cut the number of employees and reduce expenses at the organisations as the first step in a planned series of reform measures, Finance Minister Choo Kyung-ho was quoted in a statement as saying at a scheduled meeting.<\/p>\n\n\n\n
President Yoon Suk-yeol, who took office in May, has promised to reform the public sector and said early this month his government would aggressively cut expenditure and sell non-core assets at public enterprises.<\/p>\n\n\n\n
South Korea Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho attends the G20 Finance Ministers Meeting in Nusa Dua, on Indonesia resort island of Bali, on July 15, 2022. Sonny Tumbelaka\/Pool via REUTERS\/File Photo<\/p>\n\n\n\n
SEOUL, July 29 (Reuters) – South Korea’s new government will streamline public organisations, the finance minister said on Friday, citing concerns about efficiency after a rapid expansion in their operations under the previous administration.<\/p>\n\n\n\n
The government will cut the number of employees and reduce expenses at the organisations as the first step in a planned series of reform measures, Finance Minister Choo Kyung-ho was quoted in a statement as saying at a scheduled meeting.<\/p>\n\n\n\n
President Yoon Suk-yeol, who took office in May, has promised to reform the public sector and said early this month his government would aggressively cut expenditure and sell non-core assets at public enterprises. <\/p>\n\n\n\n
The move came as Yoon suffers a sustained decline in approval ratings, with the latest weekly opinion poll from Gallup Korea showing on Friday his approval fell to 28% from 32% a week earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"
Reuters:- South Korea’s new government will streamline public organisations, the finance minister said on Friday, citing concerns about efficiency after a rapid expansion in their operations under the previous administration. The government will cut the number of employees and reduce expenses at the organisations as the first step in a planned series of reform measures, Finance Minister Choo Kyung-ho was quoted in a statement as saying at a scheduled meeting. President Yoon Suk-yeol, who took office in May, has promised to reform the public sector and said early this month his government would aggressively cut expenditure and sell non-core assets… <\/p>\n","protected":false},"author":1,"featured_media":25966,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-25965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-in-english"],"_links":{"self":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/25965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25965"}],"version-history":[{"count":1,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/25965\/revisions"}],"predecessor-version":[{"id":25967,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/25965\/revisions\/25967"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/media\/25966"}],"wp:attachment":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}