Presidential Office Thanks Bipartisan Cooperation for Swift Passage of 'War Supplementary Budget' in National Assembly

"We Will Do Our Utmost for Swift Implementation
So That the Effects Are Felt on the Ground"

Regarding the passage of the "war supplementary budget" worth 26.2 trillion won at the National Assembly on the 10th with bipartisan agreement, the Presidential Office expressed its gratitude, stating, "We thank the National Assembly for swiftly processing the supplementary budget bill through bipartisan cooperation that prioritized the national interest in the face of the crisis caused by the war in the Middle East."

On the 10th, the supplementary budget worth 26.2 trillion won submitted by the government was passed at the plenary session held at the National Assembly. Yonhap News

Kang Yujeong, Chief Spokesperson for the Presidential Office, conveyed this message of thanks in a written briefing, saying, "With the passage of today's supplementary budget, we are now able to implement essential livelihood support programs, including not only compensation for damages caused by high oil prices, but also support for naphtha purchases to stabilize supply chains, the K-Pass half-price fare discount to reduce public transportation costs for citizens, and expanded fuel cost support for farmers and fishermen."

She added, "The Lee Jae-myung administration will do its utmost to ensure swift execution by promptly carrying out follow-up procedures so that the supplementary budget can be felt by the public as soon as possible."

Spokesperson Jeon Eunsu also commented, "We appreciate the prompt handling. The government will do everything possible to ensure the thorough implementation of the supplementary budget."

Previously, President Lee delivered a policy speech at the National Assembly on the 2nd, emphasizing, "This supplementary budget will serve as a breakwater to protect the lives of the people," and urged, "I ask for bipartisan cooperation so that it can be passed quickly."

After President Lee's policy speech at the National Assembly, the Democratic Party of Korea and the People Power Party engaged in negotiations over the specific items, ultimately reaching a final agreement by the afternoon deadline on this day. The two parties agreed to increase or decrease funding for certain projects while maintaining the total amount at the level proposed by the government. In particular, the budget for the program providing up to 600,000 won to the bottom 70% of all households by income (as compensation for damages from high oil prices) was preserved as originally planned.

This content was produced with the assistance of AI translation services.