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MFDS sets next year's budget at ₩669.4 billion

By Lee, Hye-Kyung | translator Alice Kang

22.08.31 09:54:05

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A 0.8% increase from this year... will invest ₩14.2 billion to build a stable supply system for essential medicines


The Ministry of Food and Drug Safety (Minister: Yu-Kyoung Oh) had compiled its budget plan for 2023 at ₩669.4 billion, a ₩5.4 billion (0.8%) increase from the ₩664 billion that had been set for this year.

The next year¡¯s budget proposal is focused on the definite implementation of the new administration¡¯s national tasks – reinforcing food safety management and supporting innovative growth of the bio-health industry – and preparing a safe basis for the future of the new food and drug industry.

The MFDS' budget proposal for 2023 was mainly allocated to 4 major areas – fostering a safe food and healthy dietary life environment, reinforcing safety management

Lee, Hye-Kyung(hgrace7@dailypharm.com)
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