ID :
27760
Fri, 10/31/2008 - 17:51
Auther :

S. Korea to submit revised 2009 budget plan: vice finance minister

SEOUL, Oct. 31 (Yonhap) -- South Korea's government will submit to parliament "as soon as possible" a revised 2009 budget plan reflecting the latest economic conditions, Vice Finance Minister Bae Kook-hwan said Friday.

Earlier this month, the Finance Ministry sent a 273.9 trillion won (US$212.1
billion) budget plan to the National Assembly for approval, but demand for
expanded fiscal spending has been growing recently as the current financial
turmoil is showing signs of negatively affecting the nation's real economy.

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