Gov't proposes W26.2tr extra budget, including W4.8tr for cash handouts, to cushion Mideast impact

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Source: The Korea Herald
Published: 2026-03-31 15:06 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Transport, Middle East, South Korea, Tax & Budget, World News
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Snippet:
The Seoul government on Tuesday proposed a supplementary budget of 26.2 trillion won ($17.1 billion) largely aimed at cushioning the impact of surging fuel prices amid escalating tensions in the Middle East that will include cash handouts for about 70 percent of the population.
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