Five Revisions of the 'Budget Act' Fail to Achieve Success, Government Should Submit Cabinet Version to Resolve Disputes

Reported 7 months ago

As of June 12, 2024, there have been 17 versions of the Budget Act amendment, but Premier Cho Rong-tai has not yet presented a Cabinet version of the amendment. The controversy surrounds the allocation of funds between the central and local governments, with the opposition parties attempting to gain more power while the government stands firm. The revisions of the Budget Act, considered the next battlefield after the passage of the National Congress Act, are crucial for financial governance. Despite various versions proposed by different parties, a consensus has yet to be reached, leading to ongoing disputes.

Source: YAHOO

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