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NABO in the Press

NABO in the Press

  • Taxpayers pay for snowballing losses on expressways

    [August 16, 2016]  [The Korea Times] According to the National Assembly Budget Office data submitted to Rep. Yoon Young-il of the minor opposition People's Party, the government will likely have to pay seven operators of expressways built under private-public partnerships
  • Opposition pushes for corporate tax hike

    [August 02, 2016]  [The Korea Times] According to data from the National Assembly Budget Office, 0.1 percent of some 650,000 companies subject to taxation pay about 64 percent of the total corporate tax.
  • N. Korean defectors' wages are 67 pct of national average

    [August 01, 2016]  [The Korea Times] The average wage of a North Korean defector in South Korea stands at 67 percent of what local workers in general take home each month, data by the National Assembly Budget Office (NABO) showed Sunday.
  • Youth employment policy gets nowhere

    [August 01, 2016]  [The Korea Herald] According to an analysis by the National Assembly Budget Office, more than 40 percent of workers who have found jobs with the help of the government are paid less than 1.5 million won in monthly wages, far higher than the corresponding
  • Increased calls for overhaul of taxation scheme

    [August 01, 2016]  [The Korea Herald] According to the National Assembly Budget Office, the unexpected rise in tax revenues was due mainly to a boom in the property market. With the housing market showing signs of cooling down as the government has tightened regulations on
  • Korea to remain in tough economic times, experts agree

    [July 19, 2016]  [The Korea Times] Gallup Korea released the results of its survey of 55 economic experts at a forum Thursday at the National Assembly Budget Office to celebrate the opening of the 20th legislature.
  • [Editorial] Taxing times

    [July 19, 2016]  [The Korea Herald] The National Assembly Budget Office estimates that income tax exemptions and reductions would total 19.4 trillion won this year, accounting for 55 percent of all national tax cuts.
  • Cigarette volume surge questions gov't's anti-smoking policy

    [July 13, 2016]  [The Korea Times] According to data from the National Assembly Budget Office, 834 million packs of cigarettes were produced and imported in the first quarter of this year, up from 521 million packs from January to March last year.
  • KDB, Eximbank deteriorating in soundness

    [July 11, 2016]  [The Korea Times] The state-run policy banks have problems not only with credit review but also with risk management, leading to debts of hundreds of trillions of won, the National Assembly Budget Office (NABO) said in a report.
  • [NEWS FOCUS] Sejong resurfaces as hot politcal issue

    [June 28, 2016]  [The Korea Herald] The establishment of the regional branch, involving the relocation of some 10 parliamentary committees and 100 representative offices, will cost about 107 billion won ($93 million'), according to the National Assembly Budget Office.
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