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Effective state and rule of law
South Korea to spend record $597 billion budget in 2027
1 sourcePublished · Updated
South Korea plans to allocate a record $597 billion from its budget in 2027 to stimulate economic and technological growth. The Ministry of Finance stated that this decision is linked to the demand for South Korean memory chips driven by advancements in artificial intelligence.
Key facts
- $597 billion
- 2027
- demand for memory chips
- economic growth
- Ministry of Finance of South Korea
South Korea · Ministry of Finance · Channel NewsAsia · Financial Times
Sources1
- Public
Суспільне НовиниEarliest tracked report
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