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Moon vows all efforts for crisis recovery during remainder of term Updated: 2021-10-25 17:04:11 KST

President Moon Jae-in says South Korea will be gradually returning to normal life starting November, now that more than 70 percent of the population has been fully vaccinated.
In a speech Monday, for the final budget of his administration, he vowed to do his best until the last day of his term for the country's complete recovery from the pandemic.

"It's not over yet. I will focus on crisis recovery until the very end, for a complete restoration of normal life and a recovery in the economy."

President Moon said that the country will continue taking basic prevention measures, such as wearing masks, while relaxing restrictions for businesses and letting schools open as normal.
He pledged to create a successful model for returning to normal life that, like Korea's anti-virus measures, can become a model for the world.
The president also vowed to spare no efforts to support the hardest-hit people saying that the government will leave no one behind in achieving an inclusive recovery.
Moon also renewed his pledge to push forward with carbon neutrality, the Korean New Deal, and support next-generation industries.

To that end, he highlighted the need to maintain an expansionary fiscal budget next year proposed at a record high of over 510 billion U.S. dollars.
Moon brushed off concerns about fiscal soundness, saying that this year's tax revenue is expected to be bigger than originally forecast.

"We are still a long way away from a complete recovery. We must also not miss the opportune time to make our economy a pace-setter. Next year, there can only be a greater role for fiscal spending. The government will use surplus tax revenue to ease the burden on the public, and use some of it to repay the national debt and contribute to fiscal soundness."

On North Korea, Moon vowed continued efforts for dialogue and diplomacy to achieve peace and prosperity on the Korean Peninsula.
There's been no significant progress since the Pyeongyang-Washington summit in 2019 ended without a deal, and North Korea has been unresponsive to calls for dialogue.

"Dialogue is still incomplete. We will continue working until the end to create a new order for peace and prosperity on the Korean Peninsula through dialogue and diplomacy."

He also pledged efforts to deal with the real estate issue calling it the biggest reform task related to people's livelihoods.
Despite a series of government measures, home prices have continued to soar and people are still borrowing.

Last but not least, Moon vowed to do all he can to repay the people in the remaining six months of his term thanking them for their efforts in overcoming the crisis and putting South Korea where it stands now.
Kim Min-ji, Arirang News.
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