(EDITORIAL from Korea JoongAng Daily on Nov. 2)
Yonhap News Agency
Read the full articleSouth Korea's National Assembly is reviewing a record 820.9 trillion won ($615B) budget proposal for 2027, which includes a controversial 162 trillion won Future Response Fund allowing significant discretionary spending. Critics warn this expansion risks inflation, higher interest rates, and fiscal irresponsibility amid rising national debt.
