|Acting President and Prime Minister Hwang Kyo-ahn delivers a speech at 3.15 Arts Center in Changwon, South Gyeongsang Province, in commemoration of a civic revolt against the Syngman Rhee government’s manipulation of presidential election in 1960. / Yonhap|
Acting President and Prime Minister Hwang Kyo-ahn announced he will not run in the presidential election slated for May during a Cabinet meeting Wednesday.
Hwang has long been bandied about as a potential stand-bearer of the conservative political camp that has been suffering from a dearth of viable contenders to take on liberal rivals, such as front-runner Moon Jae-in, a former leader of the main opposition Democratic Party.
Despite burgeoning speculation over his presidential ambitions, Hwang has remained noncommittal, saying he would “for now” focus on stabilizing state affairs hampered by the impeachment of former President Park Geun-hye over a corruption scandal.
During Wednesday’s meeting, the Cabinet also plans to announce that the nation will hold the crucial election to pick Park’s successor on May 9.
Last Friday, the Constitutional Court upheld the parliamentary impeachment of Park. By law, the country has to elect a new president within two months of the verdict. (Yonhap)