Original 2020 budget amended with cuts for health and welfare, hikes for Social …


South Korea’s National Assembly on
Tuesday passed next year’s budget bill worth four hundred twenty eight point
nine billion u.s. dollars the original bill suggested by the government
underwent some changes during the National Assembly’s plenary session the
budget for health and welfare in the industry and energy budget were cut
slightly while public money set aside for agriculture food and social overhead
capital was upped under social overhead capital the Assembly increased the
budget for constructing several highways and a military budget was a record forty
two billion dollars has seven point four percent increase on year it focuses on
improvements in defense capacity by increasing the budget for researching
and implementing new systems

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