Menu Content
Go Top

Economy

Gov't to Execute 71% of Extra Budget Before Chuseok

Written: 2016-09-12 16:46:06Updated: 2016-09-12 16:46:32

Gov't to Execute 71% of Extra Budget Before Chuseok

The Finance Ministry announced on Monday that it plans to execute more than 70 percent of the supplementary budget before the Chuseok holidays begin on Wednesday.
 
The ministry plans to spend by Tuesday six-point-one trillion won, or 71 percent of the eight-point-six trillion won budget at the central government's disposal.
  
The ministry is aiming to swiftly execute the extra funds to realize its effects as it had taken 38 days for parliament to approve the budget plan due to wide differences between rival political camps. 

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >