South Korea’s rival parties agreed Tuesday to pass the government’s proposal for next year’s fiscal budget, reaching a deal on the final day of the statutory review period.

The floor leaders of the two parties β€” Rep. Kim Byung-kee of the ruling Democratic Party of Korea and Rep. Song Eon-seog of the main opposition People Power Party β€” met at the National Assembly and agreed to process the 2026 fiscal budget, including revenue bills and other re

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