President Lee Jae Myung’s Cabinet reshuffle is being seen as an effort to regain momentum in his second year in office, but experts say it is unlikely to improve his sinking approval ratings. On Sunday, Cheong Wa Dae announced replacements in six key posts. Realmeter said Lee’s approval rating fell to 38.9 percent for the first time below 40 percent. Analysts said the changes do not address core concerns such as housing, stocks and voter sentiment.
President Lee Jae Myung looks down while heading for a Cabinet meeting at Cheong Wa Dae in Seoul, Aug. 21. Yonhap
President Lee Jae Myung’s reshuffle of six ministers is largely viewed as a measure to gain momentum for his policies in his second year in office, as support rates for him have declined significantly in response to public dissatisfaction with policies directly linked to livelihoods like real estate and stock prices.
This measure, however, is unlikely to produce desired results, as political analysts say the personnel replacements are unlikely to help regain public support because they lack signals for tangible policy changes.
On Sunday, Cheong Wa Dae announced the replacement of ministers in six key posts — finance and economy, national defense, justice, SMEs and startups, gender equality and family, and land, infrastructure and transport.
