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Lee Sets 2026 Start for Six-Sector Reforms to Restore Potential Growth

The push follows Bank of Korea warnings of potential growth dropping to 1.7 percent next year.

Overview

  • President Lee ordered coordinated structural changes across regulations, finance, public services, pensions, education and labor, with detailed plans to be finalized for rollout in 2026.
  • Regulatory updates will be tailored by sector, applying flexible rules to emerging technologies while preserving strict standards where life and safety are involved.
  • Financial reforms will redirect capital toward productive investment and expand inclusive finance to counter real-estate concentration and predatory lending.
  • Public institutions will be refocused as growth drivers through revamped personnel evaluations and the removal of unnecessary executive posts, with pension planning advanced in concert with the National Assembly.
  • Education and labor measures will strengthen regional universities and address labor-market polarization through labor–management cooperation and efforts to protect opportunities for youths and older workers.