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Intensive examination of ‘Financial Soundness’ by the Audit and Inspection Board

◀ Anchor ▶

The Audit and Inspection Board published an audit plan for this year, and the government’s financial management was chosen as the main priority audit target.

It appears to be aimed at funding the expansion of the Moon Jae-in administration during the corona era.

Gyeonggi-do, where Democratic Party leader Lee Jae-myung served as governor, was included, but Gangwon-do, which shook the financial market greatly with the so-called ‘Land Event’ Lego’, omitted.

Reporter Lee Ji-sun will tell you.

◀ Report ▶

Most notable is the focused examination of national fiscal spending and debt.

After the corona pandemic started in 2020, the government released money and supported various policy funds for small businesses, the vulnerable, and hard-hit industries.

The auditor intends to look to see if there were any problems in this process.

‘Corona-related medical care and supply and demand of quarantine goods’ was also set as an audit target.

In addition to the supply of goods, we decided to look into financial support such as disaster relief funds and support for medical institutions.

The Audit and Inspection Board has set ‘sound finances’ as the strategic aim of this audit.

This is the slogan of the Yoon Seok-yeol government and the power of the people.

Gyeonggi-do, where Lee Jae-myung, head of the Democratic Party of Korea served as governor, as well as Seongnam-si, where doubts arose about the development of Daejang-dong, were also in the inspection.

However, Gangwon Province, which was involved in the so-called ‘Legoland Incident’, where Governor Kim Jin-tae’s blunt words and actions paralyzed the bond market, excluded from the audit.

The opposition party also strongly opposed Moon Jae-in’s government, saying, “Thank you for targeting.”

[박성준/더불어민주당 대변인]

“What other faults will you hold and ask the prosecution to investigate? Will you stigmatize the injection of employment insurance money to the people suffering from Corona 19 and the supply of medical supplies and supplies quarantine that led to K-Quarantine?”

In the academic world, worrying voices have been raised regarding the examination of the policy judgment on expansion funding in a crisis situation such as Corona.

[김유찬/홍익대 경영학과 교수]

“This is a very good policy choice, and it is difficult to be examined fundamentally for the implementation of a particular policy, if the policy is good or bad.”

In 2020, when Corona exploded, our country’s financial expenditure increased by 13%.

It was passive compared to 47% in the US and 28% in Germany.

This is Lee Ji-sun from MBC News.

Video editing: Hyunguk Kim

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