Tag: Budget

Budget

Latest News

Culture Ministry eyes 'powerhouse' status with record 9.6 trillion won budget for 2027

Korea’s record 2027 culture budget expands youth vouchers to ages 19 to 34 while increasing support for artists, content and regional tourism.

2026.9.4

Minister of Patriots and Veterans Affairs Kwon Oh-eul speaks during an academic event held in central Seoul on Aug. 26.

Veterans Ministry seeks 8% hike in 2027 budget

The ministry plans to use the money to expand veterans' benefits, support independence fighters' descendants and host an international sports event for injured soldiers.

2026.9.2

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Gender Ministry seeks over 2 trillion won in 2027 budget

Under the budget, the ministry seeks to allocate 166.3 billion won ($121.3 million) for the cash support program for couples getting married.

2026.9.1

South Korea 2027 budget puts money behind Opcon transfer, possible North Korea thaw

Seoul's upcoming budget sharply raises defense, cybersecurity and inter-Korean cooperation spending as it prepares for wartime control transfer and possible talks with Pyongyang.

2026.9.1

Korea sets $15.6 billion budget for chips and AI initiatives in 2027

The total 2027 budget stands at 820.9 trillion won ($60.5 billion), a 12.8 percent on-year increase, with the Ministry of Climate, Energy and Environment's budget set to an all-time high of 25.73 trillion won.

2026.9.1

President Lee Jae Myung speaks at a youth-related event held at the Blue House in Jongno District, central Seoul, on Aug. 28.

Lee to preside over Cabinet meeting on 2027 government budget proposal

President Lee Jae Myung is set to approve a budget proposal exceeding 800 million won ($584.1 billion) before its submission to the National Assembly.

2026.9.1

12일 국가데이터처가 발표한 '7월 고용동향'에 따르면 7월 15세 이상 취업자는 2천913만6천명으로, 1년 전보다 10만8천명 증가했지만 15∼29세 청년층 실업률은 5년 6개월 만에 가장 큰 폭으로 상승하면서 청년층 고용 부진은 이어졌다. 사진은 이날 서울시내 한 대학교 일자리플러스센터 모습. 2026.8.12 mon@yna.co.kr/2026-08-12 12:43:55/

Korea unveils sweeping 2027 youth support budget package

The government plans to spend 43.3 trillion won ($31.4 billion) on support spanning birth, education, housing, jobs and asset building.

2026.8.28

Korea to spend 2.3 trillion won through 2030 on full-stack humanoid development

The government plans to invest 2.3 trillion won ($1.66 billion) to build domestic humanoid robot technology boost local parts production and deploy robots in major industries.

2026.8.27

Veterans Ministry diverted cemetery and aid funds to cover payroll shortfalls

The ministry trimmed 30 program budgets last year as it shifted roughly 7.3 billion won ($5.3 million) to salaries over last two years.

2026.8.25

Korea eyes record defense budget for 2027

Seoul is preparing a 71.8 trillion won ($51.8 billion) defense budget for next year, boosting weapons, submarines and troop welfare spending.

2026.8.24

Tag: Budget

Budget

Latest News

Culture Ministry eyes 'powerhouse' status with record 9.6 trillion won budget for 2027

Veterans Ministry seeks 8% hike in 2027 budget

Most popular

BTS comeback: Bright lights and drone shows light up the sky as 'Arirang' finally arrives — as it happened

Evan opens up about cancer, new beginning after Enhypen

Yoon Suk Yeol gets five years on abuse of power, obstruction charges — as it happened

Veteran actors Yoo Hae-jin, Ryu Seung-ryong win Baeksang Grand Prizes — as it happened

Former Enhypen member Evan kicks off solo career — as it happened

Gender Ministry seeks over 2 trillion won in 2027 budget

South Korea 2027 budget puts money behind Opcon transfer, possible North Korea thaw

Korea sets $15.6 billion budget for chips and AI initiatives in 2027

Lee to preside over Cabinet meeting on 2027 government budget proposal

Korea unveils sweeping 2027 youth support budget package

Korea to spend 2.3 trillion won through 2030 on full-stack humanoid development

Veterans Ministry diverted cemetery and aid funds to cover payroll shortfalls

Korea eyes record defense budget for 2027