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South Korea appoints Lee Hye-hoon as first head of new economic planning ministry, pending approval.
South Korean President Lee Jae Myung has nominated Lee Hye-hoon, a conservative former lawmaker and economist, as the first Minister for Planning and Budget, a newly created ministry set to launch in January.
The role, part of a government reorganization, will focus on long-term economic strategy and budget allocation, while the finance ministry shifts to a coordination role.
Lee, known for her work on labor protections and interest rate caps, must gain parliamentary approval but can assume office even without it.
The appointment reflects an effort to balance political factions and promote economic reform.
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Corea del Sur nombra a Lee Hye-hoon como primer jefe del nuevo ministerio de planificación económica, a la espera de su aprobación.