Supplementary Budget Expected to Be Passed April 10 Amid Middle East Crisis

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Ruling Party to Process Supplementary Budget on the 10th of Next Month to Support Vulnerable Groups and Businesses Amid High Oil Prices. The Democratic Party of Korea announced that it plans to process the supplementary budget bill to respond to the Middle East crisis at the National Assembly plenary session on the 10th of next month. Kim Hyun-jung, the party's floor spokesperson, made this statement to reporters after the general meeting of law…

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The government has decided to formulate a 25 trillion won "war supplementary budget" to prepare for the Middle East crisis. It has also decided to provide more substantial support to those hit hard by high oil prices, such as vulnerable groups and small business owners. Management measures on how to deal with soaring fuel prices are also...