[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy reporters Wondara and Jeon Jinyoung] The leadership of the Democratic Party of Korea has repeatedly urged the United Future Party to cooperate in passing the second supplementary budget bill for emergency disaster relief payments. The second supplementary budget bill worth 7.6 trillion won, submitted by the government, is being delayed in deliberation due to the failure of agreement between the ruling and opposition parties on the legislative schedule.


Lee In-young, the floor leader of the Democratic Party, said at the joint meeting of floor leaders and standing committee secretaries held at the National Assembly on the morning of the 21st, "We hope the opposition party will keep the general election promise to provide emergency disaster relief payments to all citizens," adding, "I hope the floor leaders of both parties can meet today."


He emphasized, "It has been less than a week since the election ended. I remind you that the words of Representative Hwang Kyo-ahn and Chairman Kim Jong-in still resonate vividly with our people," and added, "If the ruling and opposition parties clearly confirm national consensus with one heart, the government will have no reason to oppose."


He also urged, "Before the 20th National Assembly ends, I hope at least the three promises made during the election can be kept," and repeatedly requested and proposed, "Please ensure the passage of the 'Nth Room Prevention Act,' the Jeju 4.3 Special Act, and the Working National Assembly Act."


Cho Jung-sik, chairman of the Democratic Party’s Policy Committee, said, "It is very regrettable that the United Future Party is making various excuses and backtracking on the disaster relief payments immediately after the election," and added, "The supplementary budget bill should be processed by April at the latest. We ask for the cooperation of the United Future Party."


Regarding the 5th Emergency Economic Meeting chaired by President Moon Jae-in scheduled for the next day, Chairman Cho said, "So far, damage countermeasures worth about 150 trillion won have been prepared through consultations between the party and government, but the economic shock is exceeding expectations," emphasizing, "The government’s finances and policies must play a more active role."



He continued, "Measures to eliminate blind spots in employment retention support funds to stabilize jobs must also be actively promoted," and said, "I hope that at tomorrow’s Emergency Economic Meeting, groundbreaking and bold measures will be established to support a total support system for key industries and jobs."


This content was produced with the assistance of AI translation services.

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