The National Assembly is in deadlock over the government’s multi-billion dollar supplementary budget plan… that was slated to be put up for a vote today. The ruling Saenuri Party urged the opposition parties to abide by an earlier agreement and…
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Pres. Moon orders aides to review working with China and allocating supplementary budget to cope
wonderful thank you very much ji-hyun for that now president moon jaein has weighed in on the high levels of air pollution gripping South Korea at the moment he told his administration to do all they can to minimize the…
Government to use supplementary budget to tackle youth unemployment, ailing regions
A supplementary budget worth some three-point-eight billion U.S. dollars is in the works to tackle youth unemployment and breathe life into regions hit by corporate restructuring. In a policy coordination meeting between the ruling party and the government on Monday…
Government to submit supplementary budget bill to National Assembly next Thursday
we are going to start with domestic politics today though the South Korean government will submit a supplementary budget proposal to the National Assembly next Thursday during a meeting between the government and the ruling Democratic Party this morning the…
Passage of US$9.8 bil. supplementary bill delayed as parties clash over items
We start this lunchtime at the National Assembly… An agreement between Korea’s three major political parties to pass a multi-billion dollar supplementary budget bill at a plenary session today… looks in danger of falling apart at the seams. For more,…
Korea needs $20 bil. supplementary budget to reach 3％ growth rate this year： thi
″경제성장률 3％ 달성하려면 추경 22조원 필요″ In order for Korea to reach its projected three－percent growth rate this year… it will need a supplementary budget of at least 20 billion U.S. dollars. That′s according to a report released Sunday by…
Rival parties to approve US $9.8 bil. supplementary budget
We start with the breakthrough on a major cash injection aimed at boosting the economy… Just before the stroke of midnight,… … Korea’s ruling and opposition parties agreed to approve a stalled extra budget plan. The ruling Saenuri Party, the…
Cheong Wa Dae seeks supplementary jobs to create new jobs
Let us begin with the liberal leader’s efforts to address income inequality and economic polarization. Jang Ha-sung, the presidential chief of staff for policy… said the government is seeking to draft and implement an extra budget to create jobs. “Last…
Korean gov′t to decide on supplementary budget by end of June 최경환 ″추경， 6월
And on the country′s fiscal front… Korea′s finance minister Choi Kyung－hwan says a decision will soon be reached on whether to draw up a supplementary budget to address the country′s economic woes. Speaking to lawmakers at the National Assembly today，……
Finance Minister vows revising of tax code and supplementary budget will hep resuscitate job market
Korea’s Finance Minister Yoo Il-ho says the new tax code will be revised to encourage firms to hire more workers despite the government’s ongoing corporate restructuring. Shin Se-min reports. The new tax code will be more “employment-friendly,” according to Finance…