President Yoon Suk-yeol has promised to aggressively cut spending and sell non-core assets at public enterprises.
South Korea’s new government has said it will streamline public organisations, citing concerns about efficiency after a rapid expansion in their operations under the previous administration.
The government will cut the number of employees and reduce expenses at the organisations as the first step in a planned series of reform measures, Finance Minister Choo Kyung-ho said in…