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South Korea unveils record $600B budget, 12.8% spending surge on AI push
South China Morning PostLO·KR·about 22 hours ago
The government has quietly revised its fiscal forecasts for two consecutive budget years, cutting a projected surplus by over 56%. The change, made at the last minute, raises questions about fiscal transparency and may signal deteriorating revenue or increased spending. The move could affect market confidence in the government's fiscal management.