Choo Kyung-ho resigns as finance minister after impeachment motion

May 02, 2025, 09:07 am

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Choo Kyung-ho, Deputy Prime Minister and Minister of Economy and Finance, returns to his seat after delivering remarks ahead of a vote on the first supplementary budget for 2025 during a plenary session at the National Assembly in Seoul on May 1. / Source: Yonhap News

Acting President and Prime Minister Han Duck-soo accepted the resignation of Deputy Prime Minister and Finance Minister Choo Kyung-ho on May 1.

 

Choo tendered his resignation shortly after an impeachment motion against him was introduced during a plenary session of the National Assembly.

 

“I regret that I can no longer carry out my duties amid the grave internal and external economic conditions, and I sincerely apologize to the people,” Choo said.

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