Public SectorFinance4 min reading time

(EDITORIAL from Korea Herald on Nov. 2)

Yonhap News Agency
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South Korea's National Assembly is reviewing a 2027 budget boosted by semiconductor tax windfalls, but concerns arise over the sustainability of revenues and long-term spending commitments. The government plans to allocate a Future Response Fund to growth sectors, yet fiscal prudence is urged due to potential recurring costs and reduced local government revenues.

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