South Korean Welfare Ministers Vows to Establish a Welfare State

Minister Park plans to create his welfare state with steep tax hikes:

Health and Welfare Minister Park Neung-hoo said Monday he will strengthen the country’s social safety net and establish a foothold for a welfare state for the next five decades.

During his inauguration ceremony held at the government complex in Sejong, south of Seoul, Park said the country should be able to embrace the vulnerable people and become an inclusive society that can bring about growth from all walks of life.

“To make an inclusive welfare state, there should be harmony between a sound market economy and a strong social safety net,” he said, vowing to come up with detailed plans for such a society.  [Yonhap]

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