Reported 7 months ago
The blue and white party factions have proposed amendments to the 'Financial Planning Law' after it lay dormant for 25 years. The law determines how central funds are allocated to local governments, with the current distribution favoring the six major municipalities over other cities and counties, leading to criticism of 'rich cities getting richer while poor counties get poorer.' Different parties have suggested various methods for income distribution, with the focus on increasing the budget size for fairer distribution. Amid differing opinions from various regions, the outcome of this potential revision hinges on whether the blue and white parties can leverage their legislative majority.
Source: YAHOO