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Title NABO held Press Conference
Views 50 Date 2025-05-22

The National Assembly Budget Office held a press conference on Thursday, May 22nd regarding issues in fiscal, tax, and economic sectors.

The event was held online and offline at the same time, with a number of reporters participating from Maeil Business Newspaper, KBS, Money Today Broadcasting, Kyunghyang Shinmun, and others.

The conference proceeded with explanations by NABO Directors on the main contents and current issues of NABO reports—"Public Finance of the Republic of Korea 2025," "Tax System of the Republic of Korea 2025," and "NABO Economic Trends & Issues (published May 21)"—followed by questions and answers from reporters. NABO and the reporters engaged in in-depth discussions on major fiscal and economic issues including the government's consecutive tax revenue shortfalls and the ratio of national tax allocation to local education subsidies.

In conclusion, Seung-hwan Chong, Assistant Chief for Planning and Management of NABO, stated that today's press conference served as an important opportunity to communicate with reporters interested in NABO, and showed determination to frequently organize events for active communication with reporters in the future.