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N Korea at crossroads

South Korean opposition threatens president's peace budget

Moon Jae-in challenged to show that he is not violating international sanctions

SEOUL -- South Korea's main opposition party has demanded that the government submit detailed plans for the $1 billion allocated in next year's budget for inter-Korean projects. The tactic is meant to force the Moon Jae-in administration to be transparent about whether it intends to skirt international sanctions on North Korea.

The conservative Liberty Korea Party said that without those details, it would have to cut 500 billion won ($447.1 million) from the Inter-Korean Cooperation Fund's 2019 budget allocation of 1.1 trillion won. The allocation is up 14.3 % from this year. The rate of increase is higher than that for the 2019 national budget of 470.5 trillion won, which is up 9.7% from 2018.

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