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South Korea said on Monday it would draw up record budget spending of more than 800 trillion won ($530.97 billion) for fiscal 2027, supported by stronger tax revenues from the booming AI chip industry.
Budget Minister Park Hong-keun, speaking at a national fiscal strategy meeting, said the spending plan would be financed through higher tax receipts and expenditure cuts. The proposed budget compares with this year's 727.9 trillion won spending plan, excluding supplementary budgets.
韩国周一表示，将制定超过800万亿韩元（约5309.7亿美元）的2027财年创纪录预算支出，受人工智能芯片产业繁荣带来的税收增长支撑。
预算部长朴弘根在国家财政战略会议上表示，该支出计划将通过更高的税收收入和削减支出来融资。拟议预算与今年727.9万亿韩元的支出计划（不含补充预算）相比有所增加。
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