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Assembly Enters 820 Trillion Won Budget Review; 162 Trillion Won 'Future Fund' Key Battleground


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As the National Assembly concludes its monthlong parliamentary audit and begins reviewing next year's budget proposal worth 820 trillion won this week, a fierce budget standoff between the ruling and opposition parties is expected to begin.

In particular, a fierce battle is anticipated between the Democratic Party, which seeks to defend the 162 trillion won Future Response Fund in its original form, and the People Power Party, which has vowed to make drastic cuts.

Starting with the government's parliamentary policy speech scheduled for tomorrow (November 2) at 10 a.m., the Special Committee on Budget and Accounts will conduct comprehensive policy questioning on November 4 and 5.

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