President Park Geun-hye plans to call for bipartisan cooperation to boost South Korea's economy at a speech to the parliament later this week, an official said Monday.

Park also plans to explain the country's budget for next year during her address scheduled Wednesday, said presidential spokesman Min Kyung-wook.

Park has repeatedly called on the National Assembly to pass key bills meant to revitalize the economy.

South Korea's central bank said that the country's gross domestic product expanded 0.9 percent in the third quarter from three months earlier, accelerating from the previous quarter's 0.5 percent gain.

Still, Finance Minister Choi Kyung-hwan told lawmakers last week that the economy needs more time for a full-swing recovery.

Park's planned address marks the second time for her to make a budget speech in person since taking office earlier last year. 

Her predecessors addressed the parliament only three times. In other cases, presidents had their prime ministers read addresses on their behalf.

On Wednesday, Park also plans to meet with leaders of her ruling Saenuri Party before her address in what could be a move to coordinate such pending issues as public servants' pension reform bill.

Pension reform, Park's key agenda item, has been met with fierce resistance from government workers as a proposed bill calls for raising contributions by a maximum 41 percent and reducing entitlements by a maximum 34 percent for civil servants hired before 2016.

Park also plans to meet with leaders of the ruling and opposition leaders, Min said, though he said no specific time frame for a meeting has been set. (Yonhap)