The Ministry of Agriculture, Food and Rural Affairs, agricultural budget proposal increased by 1 trillion 170 billion won.

Published 2025년 11월 15일

Original content

The National Assembly's Agriculture, Forestry, Fisheries, and Food Committee held a plenary meeting on the 13th and decided to increase the agricultural budget proposal for next year by approximately 1 trillion 170 billion won. Initially, the government had submitted a 20 trillion 350 billion won agricultural budget proposal to the National Assembly. This budget increase proposal by the Agriculture, Forestry, Fisheries, and Food Committee will be finalized after passing through the Special Committee on Budget and Accounts and the plenary session. The Agriculture, Forestry, Fisheries, and Food Committee first included a budget of 37.2 billion won for price subsidies and supply stabilization support for inorganic fertilizers to stabilize farm management. The government's proposal did not include a budget for this project, which would have led to the suspension of farm subsidies. The committee also included a new budget of 40 billion won for support due to the abolition of the ...
Source: Nongmin

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