South Korea’s Veterans Ministry Proposes 8 Percent Budget Increase for 2027
South Korea’s Ministry of Patriots and Veterans Affairs has requested an 8 percent budget increase for the 2027 fiscal year to fund expanded honor programs and key infrastructure projects. The proposed hike aims to enhance support services and commemorate historical milestones for military veterans.
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Veterans ministry seeks 8% hike in 2027 budget for expanded honors, key projects
The veterans ministry said Wednesday it is seeking an 8 percent hike in its 2027 budget to expand veterans benefits, support independence fighters' descendants and host an international sports event for injured soldiers. The Ministry of Patriots and Veterans Affairs said it has proposed 7.22 trillion won ($5.25 billion) for next year's budget, up by 532 billion won from this year's 6.68 trillion won. The draft proposal calls for raising basic compensation for war veterans and allowances for pers
By The Korea Herald
Read full article →Veterans ministry seeks 8 pct hike in 2027 budget for expanded honors, key projects
SEOUL, Sept. 2 (Yonhap) -- The veterans ministry said Wednesday it is seeking an...
By Kim Seung-yeon
Read full article →Coverage Timeline
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