"Going Well" Response
Passing Today Seen as Difficult

Lee Cheol-gyu, the budget and accounts committee secretary of the People Power Party, is handing out drinks to Woo Won-shik, the co-chairman of the budget and accounts committee, before the start of the meeting at the Budget and Accounts Fund Review Subcommittee held at the National Assembly on the 17th. Photo by Yoon Dong-joo doso7@

Lee Cheol-gyu, the budget and accounts committee secretary of the People Power Party, is handing out drinks to Woo Won-shik, the co-chairman of the budget and accounts committee, before the start of the meeting at the Budget and Accounts Fund Review Subcommittee held at the National Assembly on the 17th. Photo by Yoon Dong-joo doso7@

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[Asia Economy Reporters Hyunju Lee and Boryeong Geum] Lee Cheol-gyu, a member of the ruling People Power Party and the floor leader of the National Assembly's Special Committee on Budget and Accounts, stated on the 7th that the review of next year's budget proposal is "going well." However, he predicted that a full agreement today is unlikely.


After a study meeting with People Power Party members on the same day, Lee told reporters, "I am going to negotiate now," expressing this view.


He added, "There are 254 constituency lawmakers, and they have many local demands. Also, many proportional representation lawmakers have different requests from the budget proposal prepared by the government from the perspective of the demand side," explaining, "It takes some time because we have to accommodate all their demands."



Regarding the previously contentious budget for relocating the Presidential Office, he said, "It has been resolved." On other budget-related issues, he refrained from commenting, saying, "Please ask the floor leader."


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