03 September 2016

News Story: S. Korea passes 10-bln-USD extra budget plan through parliament

SEOUL, Sept. 2 (Xinhua) -- The South Korea parliament approved a supplementary budget plan worth 11 trillion won (10 billion U.S. dollars) on Friday after wrangling over the parliament speaker's remarks on the Terminal High Altitude Area Defense (THAAD).

The extra budget plan was passed through the National Assembly, more than a month after the government submitted the supplementary budget scheme to lawmakers.

It was originally set in motion on Thursday when the parliament began its first regular session following the April elections. The ruling Saenuri Party lost its parliamentary majority in the polls.

Read the full story at Xinhua