{
  "id": 3157116,
  "title": "Ruling party, gov't stress active fiscal policy to boost growth in 2027 budget",
  "url": "https://urgent.news/2026/08/25/ruling-party-govt-stress-active-fiscal-policy-to-boost-growth-in-2027",
  "topic": "world",
  "section": "World",
  "published": "2026-08-25T01:32:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/southkorea/politics/20260825/ruling-party-govt-stress-active-fiscal-policy-to-boost-growth-in-2027-budget"
  },
  "original_language": "en",
  "account": "The Democratic Party of Korea (DPK) and government officials emphasized the importance of fiscal policy and investment in future industries at a consultative meeting ahead of the 2027 budget. DPK floor leader Han Byung-do urged the government to strategically allocate budget resources, prioritizing areas that support youth development, regional growth, and future industries. Rep. Kwon Chil-seung, the DPK's chief policymaker, echoed this sentiment, advocating for significant investment in artificial intelligence (AI) to make Korea one of the world's top three AI nations. The 2027 budget must actively contribute to the nation's growth and transformation, according to Kwon, with investments required in key sectors like bio, culture, defense, and energy.",
  "summary": "The ruling Democratic Party of Korea (DPK) and the government on Tuesday stressed the need for the active role of fiscal policy and investment in future industries to support the country's economic growth. \"Above all, we should focus our fiscal capacity on securing leadership in future industries,\" DPK floor leader Han Byung-do said during a consultative meeting between party and government…",
  "key_points": [
    "DPK and government stress active fiscal policy for 2027 budget.",
    "Prioritize youth development, regional growth, future industries.",
    "Invest heavily in AI to become top 3 AI nation globally."
  ],
  "editors_take": "The government's emphasis on active fiscal policy and investment in future industries signals a shift towards strategic budget allocation to drive growth and transformation in key sectors.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Ruling party, gov't stress active fiscal policy to boost growth in 2027 budget",
        "url": "https://urgent.news/2026/08/25/ruling-party-govt-stress-active-fiscal-policy-to-boost-growth-in-2027-3158935",
        "published": "2026-08-25T00:59:26.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Ruling party, gov't stress active fiscal policy to boost growth in 2027 budget",
        "url": "https://urgent.news/2026/08/25/ruling-party-govt-stress-active-fiscal-policy-to-boost-growth-in-2027-3158479",
        "published": "2026-08-25T01:37:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}