Korea’s annual government spending will surpass 1 quadrillion won ($729 billion) for the first time by 2030, driven by aggressive fiscal expansion...

SEOUL, Sept 1 : South Korea on Tuesday unveiled its most aggressive fiscal spending plan on record, setting total government expenditure for 2027 at 821 trillion won ($596.92…

The spending plan represents a 12.8 per cent rise from 2026, marking the largest year-on-year increase in the country’s history.