Ministry of Planning and Budget (South Korea)

FormedFebruary 29, 2008

Preceding agencies

• Ministry of Finance (1948–1994)
• Ministry of Finance and Economy (1994–2008)
• Ministry of Planning and Budget (1999–2008)
• Ministry of Strategy and Finance (2008–2018)

JurisdictionGovernment of South Korea

HeadquartersGovernment Complex-Sejong, 477, Galmae-ro, Sejong-si 30109, South Korea

Ministry of Planning and Budget
Republic of Korea

기획예산처
MPB headquarters in Sejong
Agency overview
Formed	February 29, 2008
Preceding agencies	Ministry of Finance (1948–1994) Ministry of Finance and Economy (1994–2008) Ministry of Planning and Budget (1999–2008) Ministry of Strategy and Finance (2008–2018)
Jurisdiction	Government of South Korea
Headquarters	Government Complex-Sejong, 477, Galmae-ro, Sejong-si 30109, South Korea
Minister responsible	Park Hong-keun, Minister
Deputy Minister responsible	Lim Ki Keun, 1st Vice Minister (in charge to The Korea Lottery Committee)
Child agency	The Korea Lottery Commission
Website	english.mbp.go.kr
Korean name
Hangul	기획예산처
Hanja	企劃豫算處
RR	Gihoek yesancheo
MR	Kihoek yesanch'ŏ

The Ministry of Planning and Budget (Korean: 기획예산처) of South Korea formulates national development plans, preparing the annual budget, allocating public funds, and conducting fiscal management.