Vol. 41 Results of National Assembly Deliberations on the 1st Supplementary Budget Proposal for 2022 (English Edition)

  • 2022-02-28
  • 263

The government submitted the first supplementary budget proposal and two revised fund management plans (hereafter, the supplementary budget) to ① support small businesses affected by extended quarantine measures, ② reinforce containment measures and preemptively respond to the spread of Omicron, and ③ promptly reflux the 2021 revenue surplus to support small businesses and reinforce quarantine measures.
The supplementary budget is worth 14.0 trillion Korean won, financed by issuing Korea Treasury Bonds worth 11.3 trillion won and using a surplus of 2.7 trillion won from the Public Capital Management Fund.