[2025-12-15]Government Asset Sales Over 30 Billion Won Require Prior Report to National Assembly
Future sales of government assets over 30 billion won must be reported to the relevant standing committee of the National Assembly in advance.
Sales of shares in public institutions held by the government or public agencies require prior consent from the National Assembly, and sales at a discount to the appraised value are generally prohibited.
The Ministry of Strategy and Finance has prepared institutional improvement measures to prevent indiscriminate privatization of government assets and enhance transparency in the sales process.