President Lee Jae-myung chaired the 2026 National Fiscal Strategy Meeting at the Blue House on July 13 to discuss the government's mid-to-long-term fiscal operations and core investment strategies. The meeting focused on the 2027 budget planning direction and examined fiscal strategies for three mega-projects, youth policies, and other key national agenda items. According to the Blue House, the session operated under the slogan 'Irreplaceable Korea through Bold Innovation and Investment' and brought together approximately 130 participants including Prime Minister Han Sung-sook, all cabinet ministers, ruling party leadership, and representatives from academia and civil society.
Government Convenes 130-Member Fiscal Strategy Session
The July 13 meeting at the Blue House included Prime Minister Han Sung-sook, all cabinet ministers, and heads of government agencies. From the Blue House, Chief of Staff Kang Hoon-sik, National Security Office Director Wi Sung-rak, Policy Office Director Kim Yong-beom, and Fiscal Planning Advisor Ryu Deok-hyun attended. Ruling party representation included Acting Party Leader and Floor Leader Han Byung-do and Policy Committee Chair Han Jung-ae. The total attendance reached approximately 130 people, encompassing academics, research institutions, and civil society figures.
Ministers Present 2027 Budget Framework and Mega-Project Plans
Budget Minister Park Hong-geun presented the '2027 Budget Plan and Mid-term Fiscal Operations Direction' to outline next year's fiscal framework. Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon announced AI data center and Physical AI implementation plans. Minister of Trade, Industry and Energy Kim Jung-kwan presented semiconductor and AI robot industry development strategies. Minister of Climate and Energy Kim Sung-hwan explained infrastructure innovation plans for advanced industry power and water supply. Minister of Land, Infrastructure and Transport Kim Yoon-deok outlined semiconductor advanced industrial complex development strategies.
Government Addresses Youth Policy and AI Accessibility
Under the theme 'Growth for All,' the meeting examined youth and employment policies alongside AI diffusion strategies. Deputy Prime Minister and Minister of Finance and Economy Koo Yoon-chul presented youth policy implementation directions. Minister of Employment and Labor Kim Young-hoon announced social safety net strengthening measures for all workers. Deputy Prime Minister Bae also presented the 'AI for All' initiative direction to enable all citizens to utilize AI technology.
Budget Office to Incorporate Meeting Results into 2027 Planning
The government will reflect the July 13 discussion results in next year's budget plan and mid-term fiscal operations plan. This integration aims to specify fiscal investment directions for securing future growth engines and restoring public welfare.
FAQ
What did President Lee Jae-myung discuss at the July 13 fiscal meeting?
President Lee Jae-myung chaired the 2026 National Fiscal Strategy Meeting on July 13 to discuss mid-to-long-term fiscal operations, 2027 budget planning direction, three mega-projects (AI data centers, semiconductors/AI robots, climate/energy infrastructure), and youth policies.
Who attended the National Fiscal Strategy Meeting at the Blue House?
Approximately 130 people attended including Prime Minister Han Sung-sook, all cabinet ministers, government agency heads, ruling party leadership (Acting Party Leader Han Byung-do and Policy Committee Chair Han Jung-ae), academics, research institution representatives, and civil society figures.
How will the government use the meeting results?
The government will reflect the discussion results in next year's budget plan and mid-term fiscal operations plan to specify fiscal investment directions for securing future growth engines and restoring public welfare.
