The Korea Herald

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Jul 3, 2020

S. Korean parliament likely to pass largest-ever extra budget in history

S. Korean lawmakers on Friday are set to pass a bill for the third extra budget of up to 35.3 trillion won ($29.5 billion) in the afternoon, marking the passage of the largest-ever supplementary budget, in an effort to cushion the economy from the blows of the coronavirus pandemic. In a press briefing held earlier in the day, ruling Democratic Party of Korea Rep. Park Hong-keun set the time for the National Assembly’s plenary session vote at 7 p.m., saying that related Special Comm

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