Na Kyung-won, a lawmaker from the People Power Party who declared her candidacy for the presidential election, announced on the 15th that she would conduct a 100 trillion won investment in new technologies such as artificial intelligence (AI) and quantum technology. She also promised a low-interest loan of 50 trillion won targeting small businesses.
On this day, the lawmaker held a press briefing at the National Assembly to announce her presidential campaign pledges, presenting her core strategy called the '1·4·5 project.' This signifies a goal of a 1% growth in national potential growth rate, achieving a national income of $40,000, and entering the ranks of G5 countries.
Specifically, she announced that she would establish a future growth fund of 100 trillion won. Na Kyung-won stated, 'Through the fund, we will focus national capabilities on securing super-gap technologies such as AI, semiconductors, biotechnology, quantum, and space technologies,' adding, 'We will abolish 'killer regulations' that hinder corporations and create an environment where businesses can thrive by transitioning new industries to negative regulation.'
She also unveiled a policy to provide financial benefits targeting small businesses. She stated, 'We will launch a small business revitalization package to raise the burden threshold for value-added taxes on micro-small businesses and review raising the simplified taxation threshold to 120 million won,' and added, 'We will increase the credit for credit card fees and implement low-interest loans totaling 50 trillion won. We will root out the unfair practices and abuses of online platforms.'
She also proposed tax benefits for wage earners.
Na Kyung-won noted, 'We will rationally adjust the income tax burden, significantly raise the tax credit rate for monthly rent and the limit for educational expenses for children,' and added, 'We will provide tax benefits for public transportation use and self-development expenses, and strengthen support for national asset formation, such as Individual Savings Accounts (ISAs), to ensure a real increase in income.'
She also proposed measures to reduce household living expenses.
Na Kyung-won stated, 'To ensure a stable energy supply, we will actively expand small modular reactors (SMRs) and increase support for vulnerable groups to ease energy expense burdens,' and added, 'To ensure that the effects of the smartphone discontinuation law can be properly felt, we will lower communication expenses by building a fair competition system, such as attracting the 4th mobile carrier, and stabilize housing expenses through bold regulatory relaxation of redevelopment and reconstruction.'
She expressed her intention to implement reforms to improve labor market rigidity. Na Kyung-won remarked, 'By introducing wage discrimination for foreigners, we will alleviate the care burden on citizens and resolve corporations' labor shortages,' adding, 'I will present withdrawal from International Labour Organization (ILO) Convention No. 111 as a key pledge.'
In addition, she stated that she would promote the 'revitalization project for local areas' and provide exceptional support for 'opportunity development special zones.' The plan aims to support growth led by the region by fostering '1 million resident populations,' innovating regional universities, and expanding local financial autonomy.