T proposal is set to be reported to President Moon Jae-in on Tuesday, the officials from the special advisory committee on constitutional revision said, leaving the president with the final decision on whether or not the government will submit its own bill to the National Assembly.
Government deliberations on a possible constitutional change began earlier in the year at a direct instruction from the president, who insists the move must be put to a vote concurrently with the local elections on June 13 to prevent wasting government resources.
Moon says a stand-alone national referendum will cost up to 120 billion won (US$112.6 million) in taxpayers' money.
Whether he will actually send the government bill to parliament remains to be seen, while many believe the government proposal was meant to put pressure on the rival parties to reach an agreement on their own proposal in the first place.
Full details on the analysis by Korean political commentator Jung-sik Seo are available on the audio news.
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