President Lee calls for balanced growth to power Korea’s next economic leap in New Year address

President Lee Jae Myung outlined his vision for Korea’s national leap in 2026, centering on balanced regional development and mutually beneficial growth between large conglomerates and small and medium-sized enterprises (SMEs). In his New Year address on the first day of the year, Lee pledged to make 2026 “the first year of Korea’s great national leap,” focusing on broad-based growth that delivers tangible benefits to citizens, small businesses and regions beyond the Seoul metropolitan area. “The goal of the people-sovereignty government is clear,” Lee said in the address. “We will make this new year the foundation for a powerful leap forward, like a red horse in full stride, and turn it into the starting point for Korea’s next great national advance.” The Korean president vowed sweeping progress across politics, the economy, society, culture, diplomacy and national security. Crucially, Lee emphasized that the fruit of growth must no longer be monopolized by a small group. “This is not about only a nation growing richer while its people remain poor,” he said. “We w