Seoul: President Lee Jae Myung's approval rating fell for a second straight week, a survey showed Monday, amid controversies over his special pardons for political figures and proposed tax code revisions on stock investment.

According to Yonhap News Agency, the survey conducted by Realmeter and commissioned by a local news outlet revealed that 51.1 percent of respondents gave a positive assessment of Lee's handling of state affairs. This marks a decline of 5.4 percentage points from the previous week, while the negative assessment increased by 6.3 percentage points to 44.5 percent.

Realmeter attributed the drop in approval to public dissatisfaction with Lee's special pardon for political figures and businesspeople on Liberation Day, as well as confusion surrounding proposed tax code revisions on stock investments. These issues have reportedly fueled negative public sentiment.

The survey, which had a sample size of 2,003 adults, was conducted from Monday to Friday last week. It has a margin of error of plus or minus 2 percentage points, with a confidence rate of 95 percent.

In a separate survey conducted by the same pollster on 1,001 individuals aged 18 and over on Thursday and Friday, the approval rating for the ruling Democratic Party also saw a decline. The party's support dropped by 8.5 percentage points to 39.9 percent, while support for the main opposition People Power Party rose by 6.4 percentage points to 36.7 percent. This poll has a margin of error of plus or minus 3.1 percentage points, with a confidence rate of 95 percent.