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PM urges parliament to pass extra budget bill

All Headlines 16:28 August 30, 2016

SEOUL, Aug. 30 (Yonhap) – Parliament must make an effort to pass the extra budget plan on time, urged Prime Minister Hwang Kyo-ahn on Tuesday, as rival political parties remain in a deadlock over details.

"I hope the National Assembly passes the extra budget plan today, which will greatly help the workers facing restructuring, as well as make it possible for ordinary people to have greater stability in their livelihoods," Hwang said.

"It is regrettable that the extra budget bill, which will lend support to restructuring and provincial economies, is still pending at the parliament," Hwang added.

South Korea's National Assembly is currently discussing on the details of the extra budget plan, estimated at 11 trillion won (US$9.83 billion).

While the budget was originally scheduled to be passed last week, it was delayed as the parties expressed different opinions on holding parliamentary hearings for shippers and shipbuilders.

Opposition parties also claim the budget should include funds to support public education programs by provincial governments, as well as subsidies for South Korean firms based in the Kaesong Industrial Complex, a North Korean industrial zone which was shut down earlier this year.

The ruling Saenuri Party, however, is currently against direct central government support for regional education programs.


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