[Asia Economy Reporter Oh Ju-yeon] The Democratic Party of Korea emphasized that it will definitely pass next year's budget bill by the legal deadline of the 2nd of next month.


Yoon Ho-jung, floor leader of the Democratic Party of Korea, is holding a press briefing on the next year's budget bill at the National Assembly on the 29th. Photo by Yoon Dong-ju doso7@

Yoon Ho-jung, floor leader of the Democratic Party of Korea, is holding a press briefing on the next year's budget bill at the National Assembly on the 29th. Photo by Yoon Dong-ju doso7@

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On the 29th, Yoon Ho-jung, the floor leader of the Democratic Party, said at a press briefing related to the '2022 Budget Review' held at the National Assembly, "We will work overnight during the remaining three days to ensure that we meet the legal deadline."


Regarding next year's budget, Floor Leader Yoon explained, "It has been evenly allocated to achieve four goals: overcoming the crisis, economic recovery, reducing disparities, and preparing for the future," adding, "Among them, support for small business owners was emphasized." He continued, "We will boldly and swiftly promote any measures that can be advanced for small business owners and self-employed individuals, such as utilizing excess tax revenue to support them."



Regarding Lee Jae-myung, the Democratic Party's presidential candidate, expressing a positive opinion on Yoon Seok-youl, the People Power Party's presidential candidate's 50 trillion won support for small business owners, he explained, "Please interpret this as meaning that if the opposition party proposes a 50 trillion won support plan that aligns with compensation for small business losses, it can be accepted."


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