Yoon admits policy failures, vows action on demographic crisis in first press conference in 21 months

During a recent news conference, South Korean President Yoon Suk Yeol acknowledged that his administration’s attempts to enhance people’s lifestyles have failed to meet expectations. This admission comes following the defeat of his political party in the April elections, which has led to demands for changes in his leadership style and policy decisions in order to preserve his presidency, which is still relatively new. In addition, Yoon revealed plans to establish a new government ministry designed to tackle the nation’s alarmingly low birth rate and rapid aging population. The announcement was made during Yoon’s first press conference in 21 months.