S. Korea to launch 'future fund' with 'windfall revenue' amid chip boom
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Source: The Korea Herald
Published: 2026-08-21 12:29 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Asia, South Korea, Technology & AI, Tax & Budget, Business & Economy, Asia Pacific, Technology
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Snippet:
South Korea will launch the "Future Fund" to promote long-term economic growth, using what the government calls "windfall revenue" from increased tax collection driven by the recent artificial intelligence boom, the budget ministry said Friday.
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