07-July-2025
Economy News
 
South Korea Parliament Approves 31.8 Trillion Won Extra Budget to Bolster Economy
05-Jul-2025

South Korea's parliament approved a supplementary budget on Friday of 31.8 trillion won ($23.3 billion), supporting President Lee Jae Myung's push to bolster an economy grappling with trade headwinds and tepid consumption. The spending plan that parliament approved is larger than 30.5 trillion won proposed by the government. The government will hold a cabinet meeting on Saturday to adopt the revised budget, the Finance Ministry said.

News Source:- https://money.usnews.com/investing/news/articles/2025-07-04/south-korea-parliament-approves-31-8-trillion-won-extra-budget-to-bolster-economy
 
 
 

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