Who Will Become the Chair of the Seoul City Council Budget Committee Managing the 50 Trillion Won Budget?

First-term lawmakers Jeong Jin-cheol, Park Soon-gyu, and Oh Jung-seok run for election... Re-elected lawmaker Kim Ki-dae also joins race

[Asia Economy Reporter Jong-il Park] Seoul City's 2021 budget is 50 trillion won.

The Seoul City Council's Budget and Accounts Committee is busily moving to elect a chairman ahead of next year's budget review.

The Budget and Accounts Committee plans to hold a full meeting on the afternoon of the 15th to elect the chairman and vice-chairman.

Prior to this, first-term Budget and Accounts Committee members will gather the previous afternoon to carry out the procedure of selecting a representative.

There is already great interest in who will be elected as the chairman of the Seoul City Council Budget and Accounts Committee this time.

In particular, since first-term councilors make up the majority of the committee, it seems highly likely that a first-term representative candidate will be elected as chairman.

Accordingly, attention is focused on the pool of candidates. The candidates currently mentioned include Councilor Jeong Jin-cheol (Songpa-gu), Councilor Park Soon-gyu (Jung-gu), and Councilor Oh Jung-seok (Dongdaemun-gu).

Councilor Jeong Jin-cheol, a member of the Transportation Committee, is a certified tax accountant and is challenging for the chairman position with his exceptional expertise in the budget field.

Councilor Park Soon-gyu, a member of the Urban Safety Committee, is also actively running.

Additionally, Councilor Oh Jung-seok, a former secretary to Councilor Ahn Gyu-baek, is making a last-minute push in the chairman election, campaigning for votes.

Among the re-elected councilors, Councilor Kim Ki-dae (Seongdong-gu), who previously served as chairman of the Urban Safety Committee, is also challenging for the Budget and Accounts Committee chairman position.

However, since first-term councilors account for more than 70%, the likelihood of a first-term councilor representative being elected as chairman of the Seoul City Council Budget and Accounts Committee is increasing.

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