South Korean government plans to spend 389 trillion won in the first half of the year... record-breaking economic recovery

The South Korean government plans to spend 389 trillion won (approximately 44 trillion yen) in fiscal spending and public investment in the first half of the year with the aim of restoring the economy and people's livelihoods.
On the 22nd, Kim Yoon-sang, Second Vice-Minister of the Ministry of Planning and Finance, held the 6th joint financial meeting of related ministries at the government building in Seoul.
At the Government Execution Inspection Conference, it was announced that a plan to promote swift execution for the first half of the year had been finalized. Vice Minister Kim said, ``We have determined the scale of expedited execution for the first half of this year to be 389 trillion won, the largest ever.
We will achieve our goals through executive management." According to the executive plan, fiscal expenditure will be 351.1 trillion won, public investment will be 34.9 trillion won, and private investment will be 2.7 trillion won.
0 billion won. With the goal of making policy effects felt by small businessmen, young people, and low-income groups who are suffering from high prices and interest rates, we have selected more than 180 priority civil welfare projects and focused on them.
They say they will monitor it. Vice Minister Kim urged each ministry and agency to ``take every possible precaution in managing business execution through regular self-inspections and fiscal execution review meetings.''