eseoulpost
DomesticPolitics
Parliament passes 11.03 tln won extra budget bill
min  |  min
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
승인 2017.07.22  
트위터 페이스북 미투데이 요즘 네이버 구글 msn
   

 South Korea's parliament on Saturday passed an 11.03 trillion won (US$9.8 billion) extra budget bill after marathon negotiations over what President Moon Jae-in has promoted as a vital tool to create jobs and prop up economic growth.

The National Assembly held a floor vote to endorse the bill that includes funds to support drought-hit regions, the disabled, the ailing shipbuilding industry, preparations for the 2018 PyeongChang Winter Olympics, and the installation of air purifiers at elementary schools.

Of the total lawmakers present, 140 approved of the bill, while 31 disapproved with eight abstentions.

The voting was delayed for more than an hour due to the lack of a quorum after the lawmakers of the main opposition Liberty Korea Party (LKP) left the parliamentary chamber in a show of opposition.

The approval came a day after major parties, except for the LKP, reached a compromise following a week of grueling talks.

The major bone of contention was the number of public service jobs to be created with taxpayers' money this year. The government initially proposed 12,000 jobs, but opposition parties demanded a sharp cut.

The ruling Democratic Party, People's Party and Bareun Party struck a compromise Friday to use this year's existing reserve budget to create 2,875 central government jobs. The LKP boycotted the final round of talks, demanding the number be lowered to around 1,000.

A parliamentary budget committee later reduced the figure to 2,575 and finalized it.

Since the bill was submitted to the legislature on June 7, the parties had been caught in a deadlock over the government's initial proposal to set aside 8 billion won in the extra budget to create 12,000 jobs.

Opposition parties insisted that the proposal could impose an undue burden on the state, and that it could breach the National Finance Act that stipulates an extra budget can be drawn up only in emergencies such as war, natural disaster, economic recession and massive unemployment.

The impasse was broken when the ruling party gave up the proposal and agreed to use the existing budget for job creation. But the last-minute hurdle emerged when parties wrangled over how many government jobs should be created.

Moon has repeatedly appealed for the bill's approval as part of efforts to deliver on his key election pledge to create 810,000 "quality" jobs in the public sector during his five-year presidency that ends in 2022.

The parliamentary deliberations on the bill began in earnest only last week after a political stalemate over the president's controversial picks for Cabinet ministers, who opposition parties called unfit due to their alleged ethical lapses. (Yonhap News)

 

< 저작권자 © eseoulpost 무단전재 및 재배포금지 >
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
트위터 페이스북 미투데이 요즘 네이버 구글 msn 뒤로가기 위로가기
이 기사에 대한 댓글 이야기 (0)
자동등록방지용 코드를 입력하세요!   
확인
- 200자까지 쓰실 수 있습니다. (현재 0 byte / 최대 400byte)
- 욕설등 인신공격성 글은 삭제 합니다. [운영원칙]
이 기사에 대한 댓글 이야기 (0)
Most Read
1
Khalifa Fund signs MoU to promote entrepreneurship, SME's in Jordan
2
NMC lauds Saudi efforts to fight piracy, protect IP rights
3
UAE-China Week begins with launch of Arabic version of book by Chinese President
4
7th annual EmiratesGBC Congress to mark a regional first with in-depth discussion on net zero cities
5
2 Russian military planes enter Korea's air defense zone 4 times
6
Royal Saudi Air Defence Forces intercept ballistic missile fired by Iran's Houthi terrorist militia in direction of Saudi Arabia
7
U.K. insists on its terminology for Taiwan amid Chinese threat
8
President Xi visit to UAE will boost political and economic ties: Chinese Business Council
9
UAE Minister of the Future selected for UN Secretary-General’s High-Level Panel on Digital Cooperation
10
Sharjah Airport handles 5.731 mn passengers in 1st half of 2018
Photo News Green Biz
Sharjah Municipality, MOCCAE discuss cooperation to protect environment
Sharjah Municipality, MOCCAE discu...
min
Earth Hour 2018: Lights out across UAE as Earth Hour is marked
Earth Hour 2018: Lights out across...
min
Suqia plays key role in enhancing UAE's global efforts to address water challenges
Suqia plays key role in enhancing ...
min
UAE Innovation Month: Innovative Initiatives by Sharjah Development Forum to Serve UAE’s Technical Sector
UAE Innovation Month: Innovative I...
min
UAE environmentalists to travel to ends of the earth to inspire change
UAE environmentalists to travel to...
min
Photo News Sports
Al Majaz Amphitheatre to Host Special Tent for Media and Public to Enjoy Football World Cup
Al Majaz Amphitheatre to Host Spec...
min
S. Korea crack top 60 in latest FIFA rankings ahead of World Cup
S. Korea crack top 60 in latest FI...
min
(World Cup) S. Korea release squad numbers for Russia 2018
(World Cup) S. Korea release squad...
min
Emirates, Formula 1 renew global partnership
Emirates, Formula 1 renew global p...
min
Nahyan bin Zayed attends closing day of Abu Dhabi World Professional Jiu-Jitsu Championship 2018
Nahyan bin Zayed attends closing d...
min
UAE dominates the mat, winning 36 gold medals on day 2 of Abu Dhabi World Youth Jiu-Jitsu Championship
UAE dominates the mat, winning 36 ...
min
World Class Theme Park opens in Korea's central city of Chungju
World Class Theme Park opens in Ko...
min
Day Five of Abu Dhabi Jiu-Jitsu Festival kicks off with world’s leading professional athletes
Day Five of Abu Dhabi Jiu-Jitsu Fe...
min
Photo News World
Al Majaz Amphitheatre to Host Special Tent for Media and Public to Enjoy Football World Cup
Al Majaz Amphitheatre to Host Spec...
min
S. Korea crack top 60 in latest FIFA rankings ahead of World Cup
S. Korea crack top 60 in latest FI...
min
(World Cup) S. Korea release squad numbers for Russia 2018
(World Cup) S. Korea release squad...
min
Emirates, Formula 1 renew global partnership
Emirates, Formula 1 renew global p...
min
Nahyan bin Zayed attends closing day of Abu Dhabi World Professional Jiu-Jitsu Championship 2018
Nahyan bin Zayed attends closing d...
min
UAE dominates the mat, winning 36 gold medals on day 2 of Abu Dhabi World Youth Jiu-Jitsu Championship
UAE dominates the mat, winning 36 ...
min
World Class Theme Park opens in Korea's central city of Chungju
World Class Theme Park opens in Ko...
min
Day Five of Abu Dhabi Jiu-Jitsu Festival kicks off with world’s leading professional athletes
Day Five of Abu Dhabi Jiu-Jitsu Fe...
min
Photo News Opinion
Reopening of Kaesong Industrial Complex key to inter-Korean cooperation: official
Reopening of Kaesong Industrial Co...
min
S. Korea, U.S. to hold talks on sharing defense costs
S. Korea, U.S. to hold talks on sh...
min
Hope for peace, reconciliation found through inter-Korean basketball games: Seoul official
Hope for peace, reconciliation fou...
min
N. Korea to compete at table tennis tournament in S. Korea
N. Korea to compete at table tenni...
min
Vatican's top diplomat voices optimism for ongoing peace efforts
Vatican's top diplomat voices opti...
min
Kumho Asiana chief apologizes for airline unit's no-meal fiasco
Kumho Asiana chief apologizes for ...
min
Defense chief vows to stamp out military's political interference, sexual abuse
Defense chief vows to stamp out mi...
min
Koreas holding working-level talks on forestry cooperation
Koreas holding working-level talks...
min
Newspaper AboutNews ReportAdvertiseComplaintsPrivacy PolicyJuvenile protectionRejection of E-mail Collection
Gangnam-gu, Teheran 52 street in Tehran Bldg, 616(Yeoksam-dong)  |  Main Phone: 02) 563-0604  |  Fax: 02) 538-5665
Chairman : jeong-woo Lee  |  Advisor : byung-il Min  |  Publisher: jae-mo Kah  |  Editors: il-hong Kim
Registration Number 1928 Seoul ah  |  eseoulpost.com / eseoulpost.net / Global Korea.,Ltd
Copyright © 2011 eseoulpost. All rights reserved. mail to jaemokah@daum.com , kih10kr@empas.com/ www.globalkorea.info
arabafrica.net / UAE Interract / Emirtes News Agency(WAM)/ http://wam.org.ae / www.uaeinteract.com