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Korea Unveils Record 821 Trillion Won 2027 Budget, Spending Surges 12.8%

The South Korean government has set next year’s budget at 820.9 trillion won ($599.07 billion), an increase of 93 trillion won from this year. The 12.8% increase marks the largest spending expansion on record and the fastest annual growth in 18 years since 2009, making it a “super budget.”The Minist

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