On February 26th (Wednesday), the National Assembly Budget Office held the 4th meeting of the 10th Budget Policy Advisory Committee, composed of 18 experts from finance, taxation, economics, science, technology, environment, energy, and public administration.

Eleven advisory committee members, led by Chairman Deok-ro Lee met with NABO Chief Dong-ha Chi and seven others to discuss: ① how U.S. presidential election results might affect Korea's fiscal and economic situation, ② finance’s role and sustainability in addressing the climate crisis and population decline, and ③ strategies to improve public acceptance and understanding of the tax system.

Chief Chi emphasized, “with rising political and economic uncertainties domestically and internationally due to low birth rates, aging populations, and weak domestic demand, discovering new growth drivers and effective fiscal management solutions is crucial." He added, "Using the committee members’ insights, we will enhance our expertise and legislative support capabilities.”

[The 10th Budget Policy Advisory Committee Member List (18 members in random order)]Deokro Lee, Prof. at Sejong Univ. (Chairperson); Kyungmin Kim, Assistant Prof. at Keimyung Univ.; Sangheon Kim, Prof. at Seoul National Univ.; Shiho Kim, Prof. at Yonsei Univ.; Youngse Kim, Prof. at Sungkyunkwan Univ.; Hongkyun Kim, Prof. at Sogang Univ.; Cheol Liu, Prof. at KDI School; Prof. Kibaek Park at Univ. of Seoul; Prof. Jhungsoo Park at Ewha Womans Univ.; Prof. Hun Park at Univ. of Seoul; Prof. Myungjae Sung at Hongik Univ.; Prof. Jaeun Shin at KDI School; Prof. Jaejin Yang at Yonsei Univ.; Assistant Prof. Jiyoon Oh at Myongji Univ.; Senior Advisor Yongjun Lee at Barun Law; Prof. Jaeyeon Jung at Kangwon National Univ.; Advisor Yeongrok Choi at Samjong KPMG; Prof. Geejoo Ha at Kyungil Univ.