The Korea Herald

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Park to deliver speech on 2017 budget at National Assembly on Monday

By 임정요

Published : Oct. 23, 2016 - 10:34

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President Park Geun-hye will deliver an annual speech to outline her government's budget plans for next year at the National Assembly this week, her office Cheong Wa Dae said Sunday.

Park will make the speech Monday. It will mark her fourth budgetary address to the nation.

"Since her inauguration (in February 2013), President Park has explained the government's budget plans and the direction for her state management each year (through a parliamentary speech)," presidential spokesman Jung Youn-kuk told reporters.
(Yonhap) (Yonhap)
"This reflects her will to create a new climate in which the president visits the National Assembly to seek cooperation with lawmakers," he added.

Besides the budgetary issues, Park is expected to call for national unity and parliamentary support to overcome a series of economic and security challenges facing the nation, such as North Korea's evolving nuclear and missile threats, officials said.

The chief executive is also likely to call for the prompt passage of outstanding bills on labor reform, deregulation and the development of the service industry, which she has stressed are crucial in creating jobs, nurturing new industries and spurring growth.

"The president will make an earnest appeal for the passage of budget plans and bills for revitalizing the economy," a Cheong Wa Dae official told Yonhap News Agency over the phone.

Park, however, won't touch on a series of corruption allegations, ensnaring controversial figures with ties to the president, given that she has already explained her position on them, the presidential official said. (Yonhap)