Ruling and Opposition Parties Strive to Pass 2nd Supplementary Budget on 23rd... No Conclusion on Standing Committee Chair Issue

A meeting between the Speaker of the National Assembly and the floor leaders of negotiation groups is being held on the 21st in the Speaker's office of the National Assembly, presided over by Speaker Park Byeong-seok. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Jeon Jinyoung] The ruling and opposition parties reaffirmed their prior agreement to process the second supplementary budget bill at the National Assembly plenary session on the 23rd.

On the morning of the 21st, Yoon Hojung, floor leader of the Democratic Party of Korea, and Kim Gi-hyun, floor leader of the People Power Party, reached this consensus after a meeting presided over by National Assembly Speaker Park Byeong-seok.

After the meeting, Floor Leader Yoon told reporters, “Regarding the supplementary budget, both parties agreed to review the results of the Budget and Accounts Committee discussions and strive to process it at the plenary session on the 23rd.”

Floor Leader Kim said, “The National Assembly Speaker expressed a hope to process the supplementary budget by the 23rd if possible. Our party’s position is to process it as soon as possible,” adding, “While there may be a need to review detailed matters, we are keeping the possibility open but intend to process it as quickly as possible.”

During the meeting, the issue of committee assignments was also discussed, but the ruling and opposition parties failed to reach a conclusion and agreed to hold another meeting presided over by the Speaker on the 22nd.

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