During the meeting held in the Speaker's office at the National Assembly, they discussed the establishment of a mid- to long-term national development strategy and the preparation of the 2027 budget.
Cho Jung-sik remarked, "Since Minister Park took office in March, the swift implementation of the 26 trillion won war budget has significantly aided economic recovery. With the current boom in AI semiconductors, we must adopt bold investment strategies to ensure Korea's advancement as a developed nation. The National Assembly will also fulfill its role in ensuring the smooth processing of next year's government budget."
In response, Minister Park emphasized, "As the fiscal authority and the agency responsible for designing the future blueprint, the Ministry will closely cooperate with the National Assembly."
He added, "The government plans to establish and announce a mid- to long-term national development strategy that includes visions and policy tasks for the year 2045, which marks the 100th anniversary of liberation. Given the need for a nationwide mobilization of resources, we will consistently collaborate with the National Assembly's Future Research Institute and relevant committees from the initial stages of this strategy's development."
Minister Park expressed his intention to strengthen cooperation with the National Assembly during the budget preparation process for the upcoming year. He aims to gather a wide range of opinions from the Assembly and engage in discussions on institutional improvements throughout the entire budget process.
Finally, Minister Park noted that legislative activities have become more active in the 22nd National Assembly, with a 20% increase in bill proposals compared to the 21st Assembly. However, he stressed that the government's voice must be adequately reflected in legislative activities.
He stated, "While the legislative rights and independence of National Assembly members as constitutional bodies must be respected, the cost estimation system for budget-related bills under the National Assembly Act should be operated more thoroughly. As the government is enhancing its pre-review processes, I ask for your special attention, Mr. Speaker, to ensure that the government's perspectives are sufficiently heard in the Assembly."
* This article has been translated by AI.
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