The Cabinet reviewed new 2026 policies jointly prepared by 19 ministries to improve public welfare.
Key measures include tax debt relief for low-income defaulters, enhanced support for crime victims, tenant rights, and expanded one-stop administrative services.
President Lee Jae-myung stressed the importance of tax justice, job creation, and faster legislative action for public benefit.
On January 20, highly pathogenic avian influenza (H5N1) was confirmed at a meat duck farm in Gokseong, Jeonnam.
This marks the 37th case in the 2025/26 winter season and the first in Gokseong, prompting nationwide reinforcement of preventive measures.
Authorities have implemented movement bans, intensive disinfection, and thorough inspections to prevent further spread.
The Ministry of SMEs and Startups held the 2026 Fund of Funds Strategy Committee to review 2025 performance and discuss plans for 2026.
In 2025, the Fund of Funds invested KRW 1.3 trillion, created KRW 3.3 trillion in venture funds, and produced three unicorn companies; for 2026, KRW 1.6 trillion will be allocated with a focus on AI and deep tech.
Expansion of regional growth funds, enhanced investor incentives, and greater transparency are expected to drive further growth and private capital inflow in the venture market.
On January 20, 2026, the South Korean government officially designated the Gadukdo attack on President Lee Jae-myung as an act of terrorism during the 22nd National Counter-Terrorism Committee meeting.
This marks the first government-level terrorism designation since the 2016 enactment of the Counter-Terrorism Act, with plans discussed for 2026-2027 national events and enhanced safety measures.
Authorities will strengthen protection for key figures during elections, review related laws, and implement comprehensive counter-terrorism strategies for upcoming major domestic and international events.
On January 21, the Korean government announced a co-growth strategy for large and small businesses, led by Deputy Prime Minister Koo Yun-cheol.
The plan includes expanding economic diplomacy achievements, increasing co-financing programs, and preventing technology theft, with three main strategies and detailed tasks through 2026.
Authorities will closely monitor implementation via a new public-private joint meeting, aiming for inclusive growth across the business ecosystem.
The Financial Services Commission held a regular council with financial institutions to drive a major shift toward productive finance.
A five-year support plan totaling 1,240 trillion KRW was discussed, including 614 trillion from private finance and 626 trillion from policy finance.
The government and financial sector aim to boost funding for advanced industries, startups, and regional growth through close cooperation.