Overview

• The Public Administration and Security Committee endorsed the supplementary budget to issue consumer coupons aimed at boosting domestic spending
• Lawmakers removed the original clause requiring local governments to contribute 2.9 trillion won to the program
• Members from both ruling and opposition parties argued that full central funding was needed to prevent further strain on local finances
• A separate 600 billion won allocation for regional gift certificates championed by President Lee Jae-myung was approved without amendment
• The proposal is set for a final vote this afternoon before moving to the National Assembly’s Special Committee on Budget and Accounts for definitive approval