The Korea Herald

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Presidential office opens Web page to collect suggestions on deregulation

By 정주원

Published : April 3, 2014 - 09:38

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The office of President Park Geun-hye said Thursday it has opened a page linked to its website to collect suggestions and opinions on deregulation, one of Park's top priorities in efforts to spur South Korea's slowly recovering economy.

Anyone can file recommendations, suggestions or whatever opinions they have about government regulations by clicking on a banner on Cheong Wa Dae's website at www.president.go.kr. The government will take a look at those views and get back to the writers with answers in under two weeks, the office said.

Identities of writers and their messages will remain undisclosed, the office said. Users will also be informed through mobile phone text messages of how their suggestions are being handled, it said.

Park has made deregulation the most important point in her drive to reinvigorate Asia's fourth-largest economy under her three-year economic innovation plan. The plan calls for raising South Korea's potential growth rate to around 4 percent and the per capita national income to more than US$30,000 by 2017.

She believes that investments are the key to speeding up South Korea's slow economic recovery, and lifting or easing all but core regulations will spur fresh investments and lead to the creation of more jobs. (Yonhap)