And, taking responsibility for Wednesday's crushing election defeat, the leadership of the ruling Democratic Party have stepped down.
Acting chief and floor leader Kim Tae-nyeon said the party humbly accepts public sentiment and pledged to work towards innovating the party.
In the meantime, until new leadership is elected the party will be led by an emergency committee.
"The people, in this election, have given the Democratic Party a lot of tasks to do. We will reflect deeply, and make efforts to innovate. We will also rectify issues of fairness and justice within the party until the people are satisfied."
President Moon Jae-in also vowed to govern with greater responsibility referring to the defeat as a reprimand from the South Korean people.
He vowed to focus all efforts on urgent issues such as Covid-19 response, economic revitalization and rooting out real-estate corruption.
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