South Korea Proposes Record 2027 Budget to Drive Economic Growth

South Korea proposed a record 820.9 trillion won (about 598.8 billion U.S. dollars) budget for 2027 to drive economic growth through aggressive fiscal expansion, utilizing a semiconductor-led tax windfall, according to the Ministry of Planning and Budget. South Korean President Lee Jae Myung presided over a cabinet meeting to endorse the budget proposal, marking a … Read more