Nat'l Assembly to Handle Next Year's Budget Plan on Tuesday

Write : 2014-12-02 09:27:37 Update : 2014-12-02 10:04:15

Nat'l Assembly to Handle Next Year's Budget Plan on Tuesday

The National Assembly will convene a plenary session on Tuesday to handle next year’s budget worth 375-and-a-half trillion won.

Rival parties concluded deliberations over the budget plan on Monday night and tentatively agreed to slash 50 billion won from the administration’s initial budget proposal worth 376 trillion won. 

Rival parties plan to pass the revised budget plan during the plenary session on Tuesday.
 
However, efforts to pass the plan could hit a snag as ruling and opposition parties remain at odds over several bills, including a bill on raising cigarette prices.

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