The Strategy and Finance Committee of the National Assembly held a plenary meeting on the 2nd and passed the supplementary budget and the revised fund management plan submitted by the Ministry of Economy and Finance in accordance with the government's original proposal. The fund management plan approved this time amounts to 492.9681 trillion won, an increase of 20.8686 trillion won from the previous plan.
The Public Capital Management Fund was increased by 23.9252 trillion won compared to the original plan, while the Government Properties Management Fund also increased by 400 million won. On the other hand, the Economic Development Cooperation Fund and the Climate Response Fund were each reduced by 40 billion won and 17 billion won, respectively. The Foreign Currency Stabilization Fund was also reduced by 3 trillion won.
In particular, the budget for the local government bond acquisition project under the Public Capital Management Fund increased from the original 210 billion won to 1.210 trillion won. This measure aims to support local government finance by acquiring local government bonds issued by local autonomous entities at low long-term interest rates.
The budget for establishing a new comprehensive support center for personal rehabilitation and bankruptcy for financially vulnerable groups in the lottery fund increased by 2.57 billion won, finalizing it at 3.8555 billion won.
The Strategy and Finance Committee also adopted accompanying opinions urging the Ministry of Economy and Finance to swiftly implement measures such as consumer recovery coupons to stimulate domestic demand and ensure that social overhead capital (SOC) projects proceed without disruption on site through close consultation with relevant ministries.