PM scheduled to give policy speech to parliament on US $3.7 bil. supplementary budget bill
  • 6 years ago
We start at the National Assembly.... where the government is stepping up efforts to get its three-point-seven billion U.S. dollar supplementary budget through parliament.
Prime Minister Lee Nak-yon is scheduled to give a policy speech to lawmakers on the extra budget at 2PM this afternoon,... but it's still not clear whether it will go ahead as some parties have vowed to stay away.
Rival parties remain at odds over a series of contested bills and efforts to revise the Constitution,... preventing them from normalizing parliamentary proceedings since the first day of the April extraordinary session.
Eyes are on the meeting between the Assembly Speaker and the floor leaders of the main opposition parties this morning,... where they are set to decide on how to get past the gridlock.
The proposed supplementary budget is the second of its kind under the Moon Jae-in administration that aims to improve the employment market for young Koreans.
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