The General Meeting of the Planning and Finance Committee held at the National Assembly in Yeouido, Seoul on the 18th. A snow war broke out.
“At least 100 trillion won must be spent.” (Chairman Yong Hye-in per Basic Income)
“Who will pay 100 trillion won?” (Ahn Il-hwan, 1st Vice Minister of the Ministry of Strategy and Finance)
The two confronted over the size of the 4th emergency disaster subsidy and the expenditure of the supplementary budget. Rep. Yong said, “The additional budget of 15 trillion won is passive,” and insisted on spending 100 trillion won, saying, “the people are suffering under the name of financial soundness without a substance.”
Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance attended the general meeting of the Special Committee on Budget and Accounts held at the National Assembly in Yeouido, Seoul on the 18th. yunhap news
In response, Vice Minister Ahn refuted, “The rate of increase in the fiscal deficit has accelerated,” and refuted, “If we talk as if we could easily make a 100 trillion won deficit, it would be a tremendous burden on future generations.”
A similar scene was produced at the general meeting of the Special Committee on Budget and Accounts of the National Assembly on this day.
Democratic Party lawmaker Kim Won-i said, “Of the 10 countries with advanced economies, Korea had the lowest rate of financial expenditure to respond to the novel coronavirus infection (Corona 19),” and said, “Based on the ratio of direct support, we will face accusations that it is too passive compared to other countries. “I said.
Deputy Prime Minister Hong Nam-ki and Minister of Equipment, said, “The ratio of national debt to gross domestic product (GDP) is 40% (good compared to other countries), but it is increasing at a very rapid rate.” “Last year 100 trillion won, this year 100 trillion won, next year Even if you have to pay 100 trillion won (deficit),” he replied.
At the same time, Deputy Prime Minister Hong said, “There are a lot of signs (signals) that if there is no countermeasure against the national debt after the end of Corona 19, especially concerns over the Korean fiscal, there are signs (signals) that there may be ripple effects.” If it is, it is dangerous for us too.”
State debt and government debt ratio forecast. Graphic = Kim Eun-kyo [email protected]
On the other hand, controversy about the speculation of land in the new city of the Korea Land and Housing Corporation (LH) employees on the National Assembly’s list also rose to the ground. Deputy Prime Minister Hong asked the National Assembly to pass the law so that the agency could be installed as soon as possible, saying, “I think the real estate analysis center should be installed as soon as possible, but as it was delayed, there was negligence in such control devices.”
When Democratic Party lawmaker Yang Gyeong-suk pointed out the problem that LH received the highest grade in public agency evaluation for three consecutive years, Deputy Prime Minister Hong said, “There are many items in the management evaluation, so if you make mistakes in certain areas, if you get (good scores) in other areas, you will get a comprehensive evaluation. There are cases where the rises,” he answered. He said, “We are reviewing ways to improve the system so that if (public institutions) cause great social controversy, it will give a greater disadvantage in evaluation.”
Sejong = Reporter Cho Hyun-sook [email protected]
