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📜 PolicyAgriculture, Fisheries & Livestock News (농수축산신문)

Next year's Ministry of Agriculture, Food and Rural Affairs budget places emphasis on ‘expenditure efficiency, expansion of budget for necessary projects, and resolution of vulnerable fiscal structure.’

Agriculture, Fisheries & Livestock News
Next year's Ministry of Agriculture, Food and Rural Affairs budget places emphasis on ‘expenditure efficiency, expansion of budget for necessary projects, and resolution of vulnerable fiscal structure.’
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[Nongsuchuksan Shinmun = Reporter Park Yu-shin] It is reported that the Ministry of Agriculture, Food and Rural Affairs' budget proposal for next year, totaling 22.2215 trillion won, has been designed to focus on expenditure efficiency, expansion of budgets for necessary projects, and the resolution of a vulnerable fiscal structure. In particular, the Ministry announced that 2.5 trillion won in surplus funds resulting from additional revenue from the Special Tax on Rural Development (hereinafter the Special Tax) will be deposited into the Future Response Fund and invested entirely in the agriculture and rural sectors. On the 16th, the Ministry held a press conference with reporters from agricultural specialized publications at the ITX3 conference room in Yongsan Station, Seoul, to explain the details of the ‘Ministry of Agriculture, Food and Rural Affairs Budget Proposal for Next Year.’ At the event, Hong In-ki, Director of Policy Planning, stated, “Next year’s budget proposal 200

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