Ruling and Opposition Parties to Discuss Fuel Tax, Property Tax, and Supply Price Linkage System at Livelihood Special Committee

Ruling and Opposition Parties Agree on Formation of Livelihood Special Committee... "Negotiations on Original Formation to be Completed by the 21st"

Speaker of the National Assembly Kim Jin-pyo, Democratic Party floor leader Park Hong-geun, and People Power Party floor leader Kwon Seong-dong are announcing a bipartisan floor leader agreement on the National Assembly schedule in the Speaker's office on the 18th. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Koo Chae-eun] The ruling and opposition parties have agreed to hold a plenary session of the National Assembly on the 20th to pass a resolution to form the 'Special Committee on Livelihood Economy Stabilization.' The Livelihood Special Committee will consist of 13 members: 6 from the Democratic Party, 6 from the People Power Party, and 1 from a non-negotiating group, with the chairperson to be appointed by the People Power Party.

On the 18th, People Power Party floor leader Kwon Seong-dong and Democratic Party floor leader Park Hong-geun met under the chairmanship of National Assembly Speaker Kim Jin-pyo and reached this agreement. The ruling and opposition parties, which have been at an impasse over the reorganization of the second half of the 21st National Assembly, decided to form the Livelihood Special Committee to discuss urgent livelihood issues.

The National Assembly's Livelihood Special Committee will review bills related to ▲fuel tax adjustment ▲introduction of a delivery price linkage system ▲improvement of real estate-related systems ▲expansion of non-taxable portions of meal allowances for office workers ▲continuation of the safe freight system ▲refunds for public transportation costs.

The ruling and opposition parties will hold plenary sessions on the 20th and 21st to conduct speeches by representatives of negotiation groups, followed by government questioning sessions on the 25th (politics, diplomacy, unification, security), the 26th (economy), and the 27th (education, society, culture).

The negotiations for the reorganization of the National Assembly, which have not yet reached a final agreement, will be actively cooperated to be completed by the 21st.

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