South Korea's ruling and opposition parties agree on next year's budget bill... President's Office ``I'm glad it was finalized even though it was delayed.''

On the 20th, the People's Power (ruling party) and the Democratic Party (opposition party) reached a dramatic agreement on next year's budget bill, and a source from the presidential office said on the 20th, ``Although it was late, we are glad that the budget bill was finalized with the agreement of the ruling and opposition parties.''