National Assembly passes 31.8 trillion-won extra budget bill

The National Assembly on Friday approved an extra budget bill worth 31.8 trillion won ($23.3 billion), in what marked the first supplementary budget bill passed under the Lee Jae Myung government. The Assembly passed the bill in a 168-3 vote with 11 invalid ballots during a plenary session. Only lawmakers of the ruling Democratic Party (DP), which currently holds a parliamentary majority, and other minor parties participated in the vote. The main opposition People Power Party (PPP) opposed the ruling party's unilateral proceedings and boycotted the vote. The approval came 30 days after the launch of the new government and 11 days after the budget proposal was submitted to the National Assembly. Earlier in the day, a parliamentary subcommittee passed the extra budget bill, with the DP vowing to pass the bill at the National Assembly's plenary session despite the opposition's objection. PPP lawmakers walked out of the subcommittee meeting, denouncing the DP's decision to railroad the extra budget bill. The latest extra budget was raised by 1.3 trillion won from the 30.5 trillion won budget iWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times