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Original 2020 budget amended with cuts for health and welfare, hikes for Social Overhead Capital projects Updated: 2019-12-11 16:08:56 KST

South Korea's National Assembly has passed next year's budget bill, worth around 430 billion U.S dollars.
The original bill suggested by the government underwent some changes during the Tuesday's plenary session.
The budget for health and welfare. and the industry and energy budget were cut slightly, while more money was set aside for agriculture, food and social overhead capital.
Under social overhead capital, the assembly increased the budget for building several highways.
The military budget was a record 42 billion dollars, a 7.4 percent increase on-year.
It focuses on improvements in defense capacity by increasing the budget for researching and implementing new systems.
KOGL : Korea Open Government License
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