Korean National Assembly Budget Office
# Korean National Assembly Budget Office

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.

## 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.

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
