[2025-12-16]Mandatory Pre-Report to National Assembly for Government Asset Sales
From now on, sales of government assets over 30 billion won must be reported in advance to the relevant standing committee of the National Assembly.
The Ministry of Economy and Finance has prepared measures to prevent indiscriminate privatization of government assets and to address issues of undervalued sales and lack of transparency in the sales process.
Information disclosure related to government asset sales will be significantly expanded, and all public institutions are required to use Onbid.