President Lee: "Boldly Restructure Budgets with Low Performance or Routine spending."

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporters Lim Hyeong-seop and Hwang Yun-gi = President Lee Jae-myung said on the 30th regarding the budget plan for next year, "Budgets with low performance or budgets that have been spent in a conventional manner...

ddaily.co.kr

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[Digital Daily Reporter Lee Anna] Ahead of next year's budget formulation, President Lee Jae-myung has proposed restructuring spending and improving the business environment as key economic management tasks for the new administration. The plan is to reduce budgets with low performance or those that have been executed routinely, and even revise mandatory spending to establish a fiscal foundation for revitalizing the economy. At the third meeting…

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President Lee Jae-myung instructed on the 30th, "Regarding fiscal management, including the compilation of next year's budget, bold restructuring of budgets with low performance and routine spending is required." President Lee convened the 3rd Emergency Economic Inspection Task Force at the Presidential Office in Yongsan that day.

Portafolio.co

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For next year, the government intends to reduce this item by at least 200 million pesos.