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President Lee Jae Myung will deliver a policy address at the National Assembly on November 2 to explain the government's 2027 budget proposal, the largest ever at 820.9 trillion won (about 94.4 trillion yen), and call for parliamentary cooperation for its smooth passage, Yonhap and Chosun Ilbo report. This will be Lee's fourth policy address since taking office and his second this year, following one in April. The opposition has said it will cut 30 trillion won from the plan, according to Chosun Ilbo. Lee is expected to stress the need for the budget to stabilize people's livelihoods and secure future growth engines.