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(URGENT) Lee vows bold investment in AI, future growth engines to boost growth potential

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(URGENT) Lee vows bold investment in AI, future growth engines to boost growth potential

President Lee Jae Myung has committed to significant investment in artificial intelligence (AI) and other future growth industries during his speech at the National Assembly. The president aims to boost South Korea's economic growth potential and ensure "growth for all" by passing the 2027 budget bill. The proposed budget of 820.9 trillion won (US$614.5 billion) for next year represents a 12.8 percent increase, the largest annual growth on record, and will be guided by the president's pledge for equitable economic growth.

Written by urgent.news from Yonhap News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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