Some in the Ruling Party Raise 'Hong Nam-gi Impeachment'...
"With a 35 to 40 Trillion Won Supplementary Budget, Wouldn't Hong Nam-gi Be Worried?" Defense

On the 26th, when the concentration of ultrafine dust showed a 'bad' level due to stagnant air, the Blue House in Seoul appeared hazy. Photo by Moon Honam munonam@

On the 26th, when the concentration of ultrafine dust showed a 'bad' level due to stagnant air, the Blue House in Seoul appeared hazy. Photo by Moon Honam munonam@

View original image

[Asia Economy Reporter Lee Ji-eun] The Blue House responded to the political circle's demand for an increase in the supplementary budget (추경) by saying, "Now is the time for the National Assembly to discuss the submitted supplementary budget proposal."


Park Soo-hyun, the Blue House Chief of Public Communication, said on YTN Radio's "Hwang Bo-seon's Start of a New Morning" on the 8th, "Out of the 14 trillion won supplementary budget, 12 trillion won is for supporting small business owners and self-employed individuals, and the supplementary budget proposal has been submitted."


Park said, "There are claims, mainly from presidential candidates and political parties, that the budget should be significantly increased to around 30 to 35 trillion won," adding, "Looking at the statements made yesterday by Prime Minister Kim Boo-kyum and Deputy Prime Minister for Economy Hong Nam-ki, they asked for discussions to be held in the National Assembly. While the government cannot accept everything, it is listening to many opinions from the National Assembly. Now is the time for the National Assembly to come together and discuss the submitted supplementary budget proposal." This is interpreted as a request for the National Assembly to promptly process the supplementary budget proposal submitted by the government.


In response to a listener's request to "release more budget," Park replied, "Since the national budget is limited by resources, we are mobilizing all possible resources," adding, "I would say we are squeezing a dry towel, but we will execute the budget swiftly."



Regarding the impeachment rumors of Deputy Prime Minister Hong circulating within the Democratic Party of Korea, Park said, "Deputy Prime Minister Hong is a government official managing finances," and added, "The government submitted a 14 trillion won budget, and while the National Assembly is discussing various matters, the government must listen to the voices of the people. Wouldn't the Deputy Prime Minister for Economy be worried about a 35 to 40 trillion won scale?"


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing