Economic Policies Halted Amid Political Turmoil

The ongoing impeachment crisis in South Korea, triggered by martial law and significant budget cuts, has brought major economic policies to a standstill. The government's 1 trillion won support for key sectors such as semiconductors, artificial intelligence (AI), and quantum technology has been obstructed, posing a threat to future growth projects.

Experts emphasize the need for political unity to navigate the changing global economic landscape and the second term of the U.S. Trump administration.

Budget Cuts Impact Key Industries

Concerns are mounting as the opposition-led budget cuts hinder the government's economic policies. The semiconductor and AI sectors, crucial for future growth, have seen their support measures nullified. The government's efforts to stabilize the economy continue, but policy implementation is severely limited due to the political crisis.

Nuclear Power and Future Technologies Affected

The budget cuts also significantly impact nuclear power projects and future technology research. The nuclear power ecosystem and next-generation reactor R&D face severe reductions, raising concerns about South Korea's competitiveness in the global market.

As the political crisis deepens, experts call for open communication channels between the opposition and the government to address economic concerns and prevent further economic downturn.