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Lee to Give Budget Speech Amid Opposition Cuts

President Lee Jae Myung is set to deliver a budget speech, with the opposition pushing for spending cuts. The budget ministry announced it will begin reviewing spending restructuring measures in November for the 2028 budget proposal to improve spending efficiency. Yonhap reports the ministry's plan, while Korea Times notes the early review is part of broader efforts to address fiscal concerns. Korean political reactions are not detailed in the provided documents, but the focus is on the administration's response to opposition pressure on budget cuts.

  1. Budget ministry to start early review of 2028 spending cuts Korea Times · 2026-10-26
  2. Budget ministry to start early review of 2028 spending cuts Yonhap · 2026-10-26

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