Ruling and Opposition Parties Agree on 21 Billion Won Budget Proposed by Government

Woo Won-sik, Chairman of the National Assembly Budget and Accounts Committee, is attending the Budget and Accounts Committee meeting held at the National Assembly on the 17th and delivering a greeting. Photo by Yoon Dong-ju doso7@

Woo Won-sik, Chairman of the National Assembly Budget and Accounts Committee, is attending the Budget and Accounts Committee meeting held at the National Assembly on the 17th and delivering a greeting. Photo by Yoon Dong-ju doso7@

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[Asia Economy Reporter Kwon Hyun-ji] The National Assembly's Special Committee on Budget and Accounts' Subcommittee on Budget Adjustment decided on the 18th to maintain the government's original plan regarding the budget for relocating the Defense Acquisition Program Administration (DAPA) to Daejeon.


The budget subcommittee made this decision during the reduction review of the budgets of ministries under the jurisdiction of the National Defense Committee and the Culture, Sports and Tourism Committee held at the National Assembly that day.


Earlier, DAPA had submitted a budget of 21 billion KRW to the National Assembly for the phased relocation to Daejeon starting next year, but on the 4th, the National Defense Committee's plenary meeting cut 9 billion KRW from the budget.


Members of both ruling and opposition parties in the budget subcommittee emphasized Daejeon's role as a defense and defense industry cluster and agreed that the government's original plan should be maintained. Jang Dong-hyeok, a member of the People Power Party, said, "The relocation of DAPA is an important issue to establish a defense science cluster in Daejeon, and residents of the Daejeon and Chungcheong regions want a swift relocation," adding, "It seems the standing committee treated the government's original plan too lightly. I strongly demand maintaining the government's original plan."


Yoo Dong-su, a member of the Democratic Party of Korea, also added, "Daejeon is emerging as the center of our country's defense industry as a defense cluster, and it was also President Yoon Seok-yeol's representative pledge for the Daejeon region," stating, "Maintaining the government's original plan would be better than a reduction."



Woo Won-sik, chairman of the budget subcommittee, said, "It is truly meaningful that the ruling and opposition parties have agreed not to cut the budget for the first time in a while," and added, "We will gather the consensus of the budget subcommittee members to maintain the government's original plan and seek the National Defense Committee's consent regarding their (budget cut) decision."


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

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