Vol. 81 Analysis of the First Installment of a Supplementary Budget Bill for 2020 (English Edition)

  • 2020-03-13
  • 310
On March 5, the government sent its “First Installment of a Supplementary Budget Bill for 2020" totaling KRW 11.7 trillion to minimize the impact of COVID-19 and recover from the economic damage early. NABO has conducted an in-depth analysis of the requirements for budget formulation, fiscal soundness, scale of tax reduction, and beneficial economic effects.
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