Korean National Assembly Budget Office
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The National Assembly Budget Office (NABO) supports the
Korean National Assembly The National Assembly of the Republic of Korea, often shortened to the National Assembly in domestic English-language media, is the unicameral national legislature of South Korea. Elections to the National Assembly are held every four years. T ...
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''.


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.


Divisions

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.NABO Organization
/ref> Planning and Management Department :* General Affairs Division :* Policy Coordination Division :* Planning & Budget Division
Budget Analysis Department :* Program Evaluation Counsel :*Budget Analysis Coordination Division :* Industrial Budget Analysis Division :* Social Budget Analysis Division :* Administrative Budget Analysis Division :* Economic Industrial Program Evaluation Division :* Social Administrative Program Evaluation Division :* Public Institution Evaluation Division
Estimates and Tax Analysis Department :* Tax Analysis Counsel :*Estimates and Tax Coordination Division :* Economic Cost Estimates Division :* Social Cost Estimates Division :* Administrative Cost Estimates Division :* Income & Corporate Tax Analysis Division :* Property & Consumption Tax Analysis Division
Economic Analysis Department :* The Economic Analysis Coordination Division :* Macro-Economic Analysis Division :* Industry & Employment Analysis Division :* Population & Strategy Analysis Division


See also

*
Congressional Budget Office The Congressional Budget Office (CBO) is a List of United States federal agencies, federal agency within the United States Congress, legislative branch of the United States government that provides budget and economic information to Congress. Ins ...
(United States) *
Office for Budget Responsibility The Office for Budget Responsibility (OBR) is a non-departmental public body funded by the UK Treasury, that the UK government established to provide independent economic forecasts and independent analysis of the public finances. It was formally ...
(United Kingdom) *
Parliamentary Budget Officer The Office of the Parliamentary Budget Officer (OPBO; ) is an office of the Parliament of Canada which provides independent, authoritative and non-partisan financial and economic analysis. The office is led by the Parliamentary Budget Officer ...
(Canada) *
Parliamentary Budget Office The Parliamentary Budget Office (PBO) is an agency of the Australian Parliament whose purpose is to "inform the parliament by providing independent and non-partisan analysis of the budget cycle, fiscal policy and the financial implications of p ...
(Australia)


References


External links


NABO WebsiteNABO Facebook
{{authority control Government agencies of South Korea Economic research institutes