A release issued by the ministry revealed that the former president would be pardoned along with a number of others on December 31.
"The government said on December 24 that on the eve of 2022, 3,094 people including the former president will grant pardon starting from December 31," the statement reads.
Park was impeached in December of 2016 on charges of influence peddling. Three months later, South Korea's Constitutional Court unanimously upheld the impeachment.
Park's trial brought to light evidence that she colluded with her friend Choi Soon Sil to funnel tens of billions of won - the South Korean currency - from corporations to Choi’s family and non-profit foundations owned by her.
On April 6, 2018, Park received a 24-year sentence, later extended to 25 years, and was handed a 20-billion-won fine after being found guilty of charges including abuse of power, bribery and coercion.
In July of 2020, through appeal, her sentence was reduced to 20 years.
It has been 4 years and 9 months since Park was arrested in March of 2017.
Park served as the 11th South Korean president from 2013 to 2017. She was the first woman to be elected president of South Korea and was the first popularly-elected female head of state in eastern Asia.
Her father, Park Chung Hee, was president from 1961 to 1979, seizing power through the use of a military coup.
Park is one of multiple individuals who will be granted special amnesty, reduced sentences, and reinstatement in the New Year.