Institutionalizing Gender Budgeting in Korea

Gender budgeting took its first step in Korea as the National Finance Act enacted in 2006. This Act requires gender budgeting statements to be included from the FY 2010 budget bill. Gender budgeting refers to all methods, procedures and instruments that are needed to achieve gender equality in the budget process. This paper includes achievements and challenges of gender budgeting in Korea, based on the experiences of research projects for the past two years. It has to be admitted that two years are a very short period of time to analyze. It is hoped that the remaining challenges will turn into achievements, as gender budgeting - when it is put into practice - becomes more mature.