National Assembly's budget committee set to review 2019 budget
- 5 years ago
South Korea's National Assembly's budget committee will hold a meeting this morning to deliberate the government's 2019 budget plan.
Top government officials will explain the budget in detail,... which will be followed by a questioning session by rival lawmakers.
The government has proposed a record budget of roughly 420 billion U.S. dollars,... up 9-point-7 percent on year.
The assembly has until November 30th to review and pass the budget,... but it's not expected to be a smooth ride.
While the ruling party is aiming to secure the budget the government is asking for,... the opposition is seeking sharp cuts,... especially the budget set aside for short-term jobs and inter-Korean projects.
Top government officials will explain the budget in detail,... which will be followed by a questioning session by rival lawmakers.
The government has proposed a record budget of roughly 420 billion U.S. dollars,... up 9-point-7 percent on year.
The assembly has until November 30th to review and pass the budget,... but it's not expected to be a smooth ride.
While the ruling party is aiming to secure the budget the government is asking for,... the opposition is seeking sharp cuts,... especially the budget set aside for short-term jobs and inter-Korean projects.