The ruling Saenuri Party will aim to pass a set of bills designed to remove excessive business regulations and reform public enterprises by the end of 2014, party officials said Tuesday.
President Park Geun-hye has called for sweeping reforms across the public sector amid signs of a prolonged economic slump. She has especially targeted deregulation and public firms as well as the pension program for civil servants.
The move has been met with fierce resistance from government workers.
“These are the core tasks within the government’s three-year economic innovation plan,” Rep. Lee Hahn-koo, chief of the ruling party’s economic reform committee, said during a policy meeting.
“Given the nature of these tasks, we may not see an objective solution if they are left to government officials.”
During the meeting, lawmakers agreed to file the reform proposals with the National Assembly starting as early as this week.
Among other measures, the deregulation bill calls for introducing a cap on the total number of regulations by easing or eliminating existing regulations when introducing new ones.
The bill for public enterprise reform calls for introducing rules for the liquidation of public firms with impaired capital and strengthening independence and accountability in personnel appointments. (Yonhap)
