Poor exports, high interest rates and prices could all get worse if lawmakers can’t agree on budget bill this month
A makeshift memorial for the victims of the Itaewon crowd crush located at Itaewon Station's Exit 1, Nov. 11, 2022 | Image: KoreaPro
South Korea’s two main political parties agreed to launch a special parliamentary investigation into the Itaewon tragedy, the crowd crush in central Seoul that claimed at least 158 people on Halloween weekend.
The agreement is vital to the Yoon administration because the investigation, which will include public hearings and agencies’ presentations, will only occur after the two major parties approve the national budget for fiscal year 2023.
South Korea’s two main political parties agreed to launch a special parliamentary investigation into the Itaewon tragedy, the crowd crush in central Seoul that claimed at least 158 people on Halloween weekend.
The agreement is vital to the Yoon administration because the investigation, which will include public hearings and agencies’ presentations, will only occur after the two major parties approve the national budget for fiscal year 2023.
Get your
KoreaPro
subscription today!
Unlock article access by becoming a KOREA PRO member today!
Unlock your access
to all our features.
Standard Annual plan includes:
-
Receive full archive access, full suite of newsletter products
-
Month in Review via email and the KOREA PRO website
-
Exclusive invites and priority access to member events
-
One year of access to NK News and NK News podcast
There are three plans available:
Lite, Standard and
Premium.
Explore which would be
the best one for you.
Explore membership options
© Korea Risk Group. All rights reserved.
No part of this content may be reproduced, distributed, or used for
commercial purposes without prior written permission from Korea Risk
Group.