Ruling, opposition parties expected to wrangle over 2025 budget deliberations
Nov 3, 2024
The National Assembly is set to begin deliberations on the 2025 budget proposal this week, with ruling and opposition parties expected to wrangle over spending on controversial projects. On Monday, the National Assembly is set to begin deliberations on next year's budget of 677.4 trillion won ($509.7 billion), a 3.2 percent increase from the previous year. The ruling People Power Party is expected to advocate the government's focus on discretionary spending due to fiscal deficit, while