Politics · Planned · 2 sources combined
Next year's budget 821 trillion won review
Future fund 200 trillion won at issue
D-25 Deadline December 2 · Budget's statutory processing deadline
In short
The National Assembly began reviewing next year's budget on October 30.
The budget is 820.9 trillion won, the largest ever.
The ruling and opposition parties are clashing over a 162 trillion won Future Response Fund.
Key facts
| When | Review starts with public hearing on October 30, statutory deadline is December 2. |
|---|---|
| Who | National Assembly's Budget and Accounts Special Committee and both Democratic Party and People Power Party conduct review. |
| What | Reviews next year's budget of 820.9 trillion won and Future Response Fund of 162 trillion won. |
| Policy questions November 4-5, ministry reviews November 9-12, coordination subcommittee opens from November 16. |
What it means for me
Budget distribution for livelihood and regional spending and fiscal soundness may differ based on review results.
