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BackVisit to the press office of the Planning Department... “Responsibility to prove the reason for establishing a new planning office”
Visit to the press office of the Planning Department... “Responsibility to prove the reason for establishing a new planning office”
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연합뉴스1 hour agoPolitics1 min readSouth KoreaView original

Visit to the press office of the Planning Department... “Responsibility to prove the reason for establishing a new planning office”

Quick Look

  • Minister of Planning and Budget Park Hong-geun said at the opening ceremony of the Ministry of Planning's press room that the Ministry of Planning has a responsibility to prove the reason for the new establishment, and selected planning and budget as areas that need to achieve results.
  • He also explained that he cannot yet comment on the size of the Future Response Fund because the tax revenue re-estimates have not been completed.

AI-generated summary

Why It Matters

The Ministry of Planning and Budget has celebrated its 9th anniversary, and the press room has officially opened.

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Visit to the press office of the Planning Department... “Responsibility to prove the reason for establishing a new planning office”

(Sejong = Yonhap News) Reporter Lee Se-won and Ahn Chae-won = Minister of Planning and Budget Park Hong-geun said on the 17th, "The budget should not be evaluated as a matter of the annual preparation process, but rather as a matter of how much it will contribute to the future and lives of the country and people."

Minister Park, who visited the press room of the Ministry of Planning on this day to commemorate its official opening, said that the Ministry of Planning, which has been in its 9th month since its launch, “has a responsibility to prove the reason for the new establishment,” and singled out planning and budget as areas that need to achieve results.

He said, "I will work hard and work hard to move in that direction, but if you do not understand or have any questions, please knock on the door at any time."

When asked how much of the excess tax revenue would be invested in the Future Response Fund, which is worth 162 trillion won, Minister Park responded, "I cannot tell you the size yet," because the tax revenue re-estimate has not been completed.

He explained that if the Ministry of Finance and Economy officially releases the results of the re-estimates, we will be able to review and make a judgment based on them. “The scale is not even listed, so we cannot first judge by saying, ‘We will do this or that.’”

Minister Park added that once the results of the tax revenue re-estimate are released, a plan to use excess tax revenue will be decided in accordance with the law after internal discussions at the Planning Ministry and communication with the Blue House and the Ministry of Finance and Economy.

What to Watch

AI outlook — possibilities, not facts

  • Once the results of the tax revenue re-estimate are released, a plan to use excess tax revenue will be decided in accordance with the law after internal discussion within the Planning Ministry and communication with the Blue House and the Ministry of Finance and Economy.

    Likely · Within weeks

Open Questions

  • What is the specific amount of excess tax revenue that will be invested into the Future Response Fund?
  • When will the tax revenue re-estimates be completed?

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This article was originally published by 연합뉴스.

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