Rival parties agree to hold 2 plenary Assembly meetings for 2024 budget, pending bills

SEOUL, - The rival parties agreed Thursday to open an extraordinary National Assembly session next week and hold two plenary meetings, on Dec. 20 and Dec. 28, to deal with the 2024 national budget and pending bills.

The Dec. 20 plenary meeting will be held to deal with the national budget, and the Dec. 28 meeting to handle other pending measures, according to the agreement reached between the floor leaders of the ruling People Power Party (PPP) and the main opposition Democratic Party.

The DP plans to use the two meetings to pass two special investigation proposals, one of them into stock manipulation allegations involving first lady Kim Keon Hee and the other into bribery suspicions surrounding a development project in the Daejangdong district in Seongnam, south of Seoul.

The two proposals were designated as "fast-track bills," requiring expedited deliberations, despite opposition from the ruling party. The DP holds a controlling majority in the 298-member Assembly with 169 seats.

The DP's floor leader, Rep. Hong Ihk-pyo, said the party is also considering proposing parliamentary investigations into three controversial issues, including the contentious expressway construction project involving the first lady's family and the tragic death of a young Marine, who was swept away by strong currents in March during a rescue operation.

The two parties, meanwhile, agreed to hold a revote Friday on four contentious bills vetoed by President Yoon Suk Yeol last week. The measures are the pro-labor "yellow envelope bill" and three broadcasting law revisions.

But the two sides have yet to reach an agreement whether to vote on the new Supreme Court chief justice nominee, whose confirmation hearing ended Wednesday.

Source: Yonhap News Agency