New N Korea Sanctions Bill to Cost US $44Mln. - Congressional Budget Office

© AFP 2022 / JUNG YEON-JE People watch a news report on North Korea's first hydrogen bomb test at a railroad station in Seoul on January 6, 2016
People watch a news report on North Korea's first hydrogen bomb test at a railroad station in Seoul on January 6, 2016 - Sputnik International
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The new congressional bill to increase sanction on North Korea would cost the United States $44 million over a five year period, the Congressional Budget Office (CBO) stated in a report.

WASHINGTON (Sputnik) — The North Korea Sanctions Enforcement Act calls for the Congress to appropriate $50 million between 2017 and 2021, largely to provide humanitarian assistance and improve radio broadcasting into North Korea.

“[I]mplementing the [North Korea Sanctions Enforcement] act would cost $44 million over the 2016-2021 period, assuming appropriation of the specified and estimated amounts,” the report, issued on Friday, said.

A sales assistant watches TV sets broadcasting a news report on North Korea's nuclear test, in Seoul, January 6, 2016 - Sputnik International
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The act overwhelmingly passed the House of Representatives in January and a similar bill was approved by the Senate Foreign Relations Committee last week.

The new sanctions act came in response to Pyongyang’s January 5 testing of a nuclear weapon.

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