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SOUTH KOREA - SEPTEMBER 28: Chung Sye Kyun, South Korea's minister of commerce, industry and energy, speaks during an interview in Seoul, South Korea, Wednesday, September 27, 2006. South Korea's exports probably will exceed the government's forecast of a

Sep 04, 2016 AM EDT - YuGee

Assembly Passes Additional National Budget Plan

After an overnight protest and boycott by the ruling Saenuri Party, the National Assembly has finally passed the 11 trillion won (US $9.92 billion) additional budget on Friday.

Yoo Il Ho, South Korea's finance minister, speaks during a news conference in Seoul, South Korea, on Monday, Feb. 22, 2016. Regardless of how U.S.-South Korea talks on the Terminal High Altitude Area Defense anti-ballistic missile system conclude, South K

Aug 31, 2016 AM EDT - YuGee

South Korea Prepares 2017 National Budget

The Ministry of Strategy and Finance said on Tuesday that the South Korean government will increase its expenditure to 400.7 trillion won (US $360 billion) next year, focusing on improving social welfare and creating jobs.

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