The National Assembly Budget Office (NABO) supports the Korean National Assembly by analyzing and evaluating issues related to the national budget, fund and fiscal operations.
History
2003.
Establishment of the National Assembly Budget Office
2007.
Initiation of government performance management evaluation program
2010.
Acquisition of access to national tax statistics
2012.
Publication of "Long-term Fiscal Projection 2012–2060"
2015.
Initiation of Special Taxation Evaluation Program
Initiation of the exclusive mandate to produce cost estimates of bills
2017.
Inauguration of the Seventh (current) Chief, Dr. Chunsoon Kim
Revision of Organization Rule (4 Department, 2 Deputy Directors General, 3 Directors, 17 Divisions and total of 138 staff)
Mission
The mission on the NABO is To support legislative activities through analysis and evaluation of national finances and policies.[1]
Leadership
The Speaker of the National Assembly appoints the Chief with the consent of the Steering Committee after examining recommendations from the NABO Chief Recommendation Commission. There is no specified term of service for the Chief, Chunsoon Kim is the current Chief of the National Assembly Budget Office.[2]
Divisions
국회예산정책처 영문 조직도
The NABO is divided into the Planning and Management Department, the Budget Analysis Department, the Estimates and Tax Analysis Department, and the Economic Analysis Department.[3]
