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Hyungil Lee Plans South Korea Finance Minister NominationPolitics — Aug 30, 2026South Korea is reshaping its cabinet with multiple nominations: Hyungil Lee is set for the role of deputy prime minister and finance minister candidate, Kang Shincheol nominated as minister of national defense, and Lee So-young nominated to lead SMEs and startups. In addition, Hong Jisun is named minister of land and Lee Soyoung is appointed minister of SMEs, while Lee Hyung-il is acting as minister of economy and finance to steady policy amid global volatility.

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