On Tuesday, September 10, the National Assembly Budget Office (NABO) held a meeting with a visiting delegation from the French Senate Finance Committee.

The meeting was attended by nine members of the delegation, including President Claude Raynal and Vice-President Thierry Cozic. NABO was represented by Ick Jin, Assistant Chief for Economic Analysis, and Seunghwan Chong, Assistant Chief for Planning and Management.

As France does not have an independent parliamentary budget office, the French Finance Committee expressed significant interest in NABO’s role. The committee engaged in in-depth discussions with NABO on various areas, including NABO’s role in the budget review process, cost estimation and revenue estimation operations, and the parliamentary research and analysis system. Both institutions have committed to continuing close collaboration in the future.