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.''
We will prepare for thorough enforcement." On this day, Yoon Jae-ok, the Democratic Party's House of Representatives representative and acting party representative, and Hong Ik-pyo, the Democratic Party's House of Representatives representative,
In the afternoon, the ``agreement text for processing the fiscal year 2024 budget proposal'' was announced at the National Assembly. Representatives from both houses said, ``We will hold a plenary session at 10 a.m. on December 21, 2023, and will discuss the fiscal year 2024 budget bill and the accompanying legislation on the revenue budget bill.
We will process the draft law.'' According to the agreement, next year's budget proposal is 4.2 trillion won (approximately 46.2 billion yen) lower than the government's proposal. The national debt and the scale of government bond issuance will not increase compared to the government plan.
The ruling and opposition parties agreed on this. The research and development (R&D) budget increased by 600 billion won (approximately 66 billion yen), and the saemangeum-related budget increased by 300 billion won (approximately 33 billion yen). Also, Lee Jae Mi
The government also decided to include 300 billion won in the budget to support the issuance of regional love gift certificates, known as the Lee Jae-Myung Vote Budget.