<p>Seoul: South Korea's main opposition party said on Tuesday it would pass a government budget bill for 2025 that triggered President Yoon Suk Yeol's martial law decree last week, at a plenary session scheduled to be held later in the day.</p>.<p>The opposition-controlled parliament last month cut 4.1 trillion won from the government's proposed 677.4 trillion won ($473 billion) budget.</p>.<p>"We will pass the budget bill today," Democratic Party Leader Lee Jae-myung said. "A swift passage of the bill will help resolve the current uneasiness and crisis."</p>.South Korea orders travel ban for President Yoon: Report.<p>The government says the budget cut will paralyse basic government functions, hinder responses to external challenges and delay policy measures for small businesses and the vulnerable.</p>.<p>President Yoon cited opposition obstructionism over government budgets as one justification for his martial law decree on Dec. 3, which triggered a constitutional crisis in Asia's fourth-largest economy.</p>.<p>Senior Democratic Party lawmaker Park Chan-dae said if the government needed money for "spending for people's livelihoods, it can be solved later through an extra budget".</p>.<p>South Korea's treasury bond market weakened, with three-year treasury bond futures down 0.10 points at 106.79.</p>.<p>"If finalised, that will ease uncertainty but the market is seen reacting somewhat sensitively and emotionally to the comments about extra budget," said Kong Dong-rak, a fixed-income analyst at Daishin Securities.</p>
<p>Seoul: South Korea's main opposition party said on Tuesday it would pass a government budget bill for 2025 that triggered President Yoon Suk Yeol's martial law decree last week, at a plenary session scheduled to be held later in the day.</p>.<p>The opposition-controlled parliament last month cut 4.1 trillion won from the government's proposed 677.4 trillion won ($473 billion) budget.</p>.<p>"We will pass the budget bill today," Democratic Party Leader Lee Jae-myung said. "A swift passage of the bill will help resolve the current uneasiness and crisis."</p>.South Korea orders travel ban for President Yoon: Report.<p>The government says the budget cut will paralyse basic government functions, hinder responses to external challenges and delay policy measures for small businesses and the vulnerable.</p>.<p>President Yoon cited opposition obstructionism over government budgets as one justification for his martial law decree on Dec. 3, which triggered a constitutional crisis in Asia's fourth-largest economy.</p>.<p>Senior Democratic Party lawmaker Park Chan-dae said if the government needed money for "spending for people's livelihoods, it can be solved later through an extra budget".</p>.<p>South Korea's treasury bond market weakened, with three-year treasury bond futures down 0.10 points at 106.79.</p>.<p>"If finalised, that will ease uncertainty but the market is seen reacting somewhat sensitively and emotionally to the comments about extra budget," said Kong Dong-rak, a fixed-income analyst at Daishin Securities.</p>