"Summary of Analyses of the FY 2015 Budget Bills" is the ninth as well as the last report of the "2015 Budget Bill Analysis Series". It summarizes reports 1 through 8 of the series, which covers the overall budget analyses by ministry and area, macro-level and aggregate analysis, and the gender-sensitive budget analysis to facilitate the budget bill assessment by the Special Committee on Budget and Accounts. The key details of this report are summarized as below.
In ‘Part 1. Macro-level and Aggregate Analysis,’ key details of the "FY 2015 Macro-level and Aggregate Analysis of the 2015 Budget Bills" and "FY 2015 Gender Sensitive Budget" are summarized, including the fiscal aggregates of the FY2015 Budget Bill, analysis of key investment programs, the general rules for budget management, fund management plans, new fiscal projects, similar or duplicative programs, programs with lack of annual progress, key budget issues and policies of local governments. The report also includes analyses of gender sensitive budgets for 2015, involving 343 projects to be conducted by 42 central government departments with a total budget of 26.626 trillion won.
‘Part 2. Budget Bill Analysis by Area' provides an overview of the financial resource allocation status, major outstanding issues, and future fiscal management challenges across 12 areas as evaluated in the “FY 2015 Budget Bill Analysis by Area” Volume 1 and 2, which include Health, Welfare and Employment; Education; Culture, Sports and Tourism; R&D; Industry, SME and Energy; SOC; Agriculture, Fisheries and Food; Environment; National Defense; Diplomacy and Unification; Public Order and Safety; General and Regional Administration.
In ‘Part 3. Budget Bill Analysis by Ministry,' 351 programs of 51 departments, including those that are independent by the Constitution such as the National Assembly, were assessed in the “FY 2015 Budget Bill Analysis by Ministry” Volume 1–4. The assessment provides the ① status of each program, ② details of key findings, and ③ consideration for reviews. This can be actively utilized for preliminary review of the National Assembly’s Standing Committee and the comprehensive review by the Special Committee on Budget and Accounts.
‘Part 4. Categorization of Ministry-level Analysis' classifies the departmental analysis findings into 10 primary issues, including lack of necessity or public interest, similar or duplicative programs, excessive budget allocation, poor program planning, and lack of program output.
In ‘Part 1. Macro-level and Aggregate Analysis,’ key details of the "FY 2015 Macro-level and Aggregate Analysis of the 2015 Budget Bills" and "FY 2015 Gender Sensitive Budget" are summarized, including the fiscal aggregates of the FY2015 Budget Bill, analysis of key investment programs, the general rules for budget management, fund management plans, new fiscal projects, similar or duplicative programs, programs with lack of annual progress, key budget issues and policies of local governments. The report also includes analyses of gender sensitive budgets for 2015, involving 343 projects to be conducted by 42 central government departments with a total budget of 26.626 trillion won.
‘Part 2. Budget Bill Analysis by Area' provides an overview of the financial resource allocation status, major outstanding issues, and future fiscal management challenges across 12 areas as evaluated in the “FY 2015 Budget Bill Analysis by Area” Volume 1 and 2, which include Health, Welfare and Employment; Education; Culture, Sports and Tourism; R&D; Industry, SME and Energy; SOC; Agriculture, Fisheries and Food; Environment; National Defense; Diplomacy and Unification; Public Order and Safety; General and Regional Administration.
In ‘Part 3. Budget Bill Analysis by Ministry,' 351 programs of 51 departments, including those that are independent by the Constitution such as the National Assembly, were assessed in the “FY 2015 Budget Bill Analysis by Ministry” Volume 1–4. The assessment provides the ① status of each program, ② details of key findings, and ③ consideration for reviews. This can be actively utilized for preliminary review of the National Assembly’s Standing Committee and the comprehensive review by the Special Committee on Budget and Accounts.
‘Part 4. Categorization of Ministry-level Analysis' classifies the departmental analysis findings into 10 primary issues, including lack of necessity or public interest, similar or duplicative programs, excessive budget allocation, poor program planning, and lack of program output.