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South Korea Unveils Record 2027 Budget Focused on AI and Defense Spending
The South Korean government has proposed a record 821 trillion won budget for 2027, prioritizing massive investments in artificial intelligence, cybersecurity, and defense modernization. Lawmakers will also allocate substantial funds from semiconductor tax revenues to support long-term economic growth.
1 Sept, 02:56 — 1 Sept, 03:06
The Story
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Moderate (46/100)3 sources25/33
Spectrum spread— 2/5 buckets covered8/33
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Geographic diversity— 3 regions13/34
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Sources
Showing 2 of 3 sources
bloombergHigh1h ago
South Korea Plans Up to 222.8 Trillion Won in 2027 Bond Issuance
South Korea plans to issue up to 222.8 trillion won ($162.7 billion) of bonds in 2027, a total near this year’s record, as President Lee Jae Myung pushes his expansionary fiscal agenda.
By Hooyeon Kim and Jaehyun Eom
Read full article →yonhap-englishMostly Factual1h ago
Science ministry seeks record budget to fund AI, future growth engines
SEOUL, Sept. 1 (Yonhap) -- The science ministry said Tuesday it will seek a reco...
By Kang Jae-eun
Read full article →Coverage Timeline
First report: channel-news-asia · 1 Sept, 01:27|Full coverage: 3 · 2h|Window: 2h
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