New Years budget 558 billion Plenary approval …



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        The 2021 budget is approved in the plenary session of the National Assembly on the afternoon of the 2nd.
The 2021 budget is approved in the plenary session of the National Assembly on the afternoon of the 2nd.
Ⓒ Yonhap News

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(Seoul = Yonhap News) Reporter Lee Dae-hee, Lee Eun-jeong and Hong Gyu-bin = The National Assembly held a plenary meeting on the 2nd and decided on a budget for next year worth 558 billion won ( based on total spending).

Six years have passed since 2014, the first year of the National Assembly Advancement Law, that the budget proposal is processed within the legal deadline (December 2).

Of the 287 members of the Jaesuk legislator, 249 agreed, 26 disapproved and 12 abstained.

The budget bill passed on this day was a net increase of 2.2 trillion won from the government draft (555.8 trillion won), the largest ever.

It has been 11 years since the 2010 budget that the budget bill has been increased over the government bill.

This is the result of an increase of 8 trillion and 1.1 trillion won and a decrease of 5.9 trillion won in the National Assembly review.

However, the actual increase and decrease are KRW 7.5 trillion and KRW 5.3 trillion, respectively.

This is because after the government submitted the budget, the Korea Centers for Disease Control and Prevention were promoted to the Korea Centers for Disease Control and Prevention, leading to an increase or decrease 600 billion won decrease.

In detail, 3 trillion won was recently reflected as a reserve in order to support the damage of the new coronavirus infection (Corona 19). The goal is to pay before the Lunar New Year holidays.

It has organized 900 billion won to secure the Corona 19 vaccine for 44 million people.

2 billion won has been increased as the cost of research and investigation into the suitability of ‘New Gadeokdo Airport’.

It also reflected 14.7 billion won for the design cost of the construction of the Sejong Assembly Hall. However, according to the agreement of the ruling and opposition parties, the additional opinion was that the relevant legislation would be enforced.

To achieve the carbon neutral target, it increased 28.6 billion won in the auto emissions management budget and 20 billion won in financing for the installation of energy saving facilities.

Child care fees and support budgets were added by 26.4 billion won and 26.2 billion won, respectively.

The local love gift certificate project (15 billion won), which had been requested to reduce the amount, kept the government draft.

        On the afternoon of the 2nd, a plenary session is held in the main assembly hall of the National Assembly to process the budget for 2021.
On the afternoon of the 2nd, a plenary session is held in the main assembly hall of the National Assembly to process the budget for 2021.
Ⓒ Yonhap News

See related photos

The budget for the Korean version of the New Deal, worth 21.3 trillion won, which the popular power demanded for a reduction of more than 50%, was reduced by about 500 billion won. The opinion of the Dong-A Democratic Party, which called for an “original shooter”, was approved.

To finance the largest budget in history, it decided to issue additional government bonds worth 3.5 trillion won compared to the government plan.

Consequently, the national debt will increase to 956 trillion won. The ratio of national debt to gross domestic product (GDP) is 47.3%.

After passing the budget bill, Prime Minister Jeong Sye-gyun said, “The government will execute the budget determined by the National Assembly more efficiently and with greater responsibility than ever.” I will.”

<저작권자(c) 연합뉴스, 무단 전재-재배포 금지>

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