South Korea drafts second extra budget as new leader seeks to spur growth
Business
Edition: Singapore Indonesia Asia US/UK SEOUL: South Korea's new administration proposed on Thursday (Jun 19) US$14.7 billion of extra government spending to support sluggish domestic demand, as President Lee Jae Myung makes economic recovery his top policy agenda. The supplementary budget plan totalling 30.5 trillion won announced by the finance ministry includes 20.2 trillion won (US$14.7 billion) of new spending to spur economic growth and support vulnerable sectors, while it will also make
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