Supplementary budget

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South Korean officials agree on 25 trillion-won budget to counter Middle East crisis and oil price surge.
Image generated by AI

South Korean gov't, ruling party agree on 25 trillion-won supplementary budget amid Middle East crisis

Reported by AI Image generated by AI

South Korea's government, ruling Democratic Party and presidential office agreed on a 25 trillion-won supplementary budget to address the Middle East crisis. The bill is set for submission to the National Assembly by end-March and passage on April 10. It aims to ease high oil prices and economic uncertainties.

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