South Korea Proposes $8.4 Billion Supplementary Budget to Tackle Wildfires, AI, and Small Business Recovery

South Korea Proposes $8.4 Billion Supplementary Budget to Tackle Wildfires, AI, and Small Business Recovery

South Korea’s Acting President Han Duck-soo convened an emergency Cabinet meeting to review and approve a proposed $8.4 billion supplementary budget, aimed at responding to a series of national challenges ranging from natural disasters to economic innovation. The proposal, which exceeds the initial $7 billion estimate, reflects the government’s urgent response to evolving needs across […]