supplementary budget News

South Korea's Fiscal Deficit Hits 94.3 Trillion Won in First Half, Ranking Fourth in History

South Korea's fiscal deficit reached 94.3 trillion won in the first half of the year, the fourth largest on record. Revenue increased by 24.7 trillion won, but expenditure also ros...

South Korea's Fiscal Health in Focus: Budget Deficit Narrows to 54.2 Trillion Won by May

South Korea's budget deficit for January to May improved to 54.2 trillion won, showing a significant recovery from the previous year. Revenue increases and controlled expenditures ...

South Korea's Ruling and Opposition Parties Unite to Pass a Historic 13.8 Trillion Won Supplementary Budget

South Korea's ruling and opposition parties have agreed on a 13.8 trillion won supplementary budget, increasing the initial proposal by 1.6 trillion won. Key allocations include su...

South Korea Unveils a Massive 10 Trillion Won Supplementary Budget to Combat Economic Challenges and Boost AI

South Korea's government proposes a 10 trillion won supplementary budget focusing on disaster recovery, trade competitiveness, and AI development, urging quick legislative approval...