President Yoon Suk Yeol will grant special pardons to those convicted of livelihood-related crimes and others on the occasion of Liberation Day next week. Yoon is also expected to exempt administrative penalties levied on small and medium-sized firms to send a message on the government's commitment to reviving the economy in light of the challenging economic situation. The special presidential pardons will be the fifth of their kind since Yoon's inauguration in 2022. The pardons will be reviewed by a panel at the justice ministry on Thursday and sent to a Cabinet meeting for deliberation next Tuesday before they are finalized by Yoon. In South Korea, the government has often granted special pardons to convicted politicians, business executives and other offenders at the start of a new year or around Liberation Day on Aug. 15 to reward good behavior and foster national harmony. Source: Yonhap News Agency