Park Hong-geun: 'Energy Supply Stability and Youth Job Measures to be Reflected in War Supplementary Budget'
Park Hong-geun, the nominee for Minister of Planning and Budget, indicated that measures for energy supply stability and youth employment will be included in the upcoming supplementary budget.
A Significant Amount of the 25 Trillion Won Supplementary Budget Will Be Distributed as Local Currency, Not Limited to Energy Use
The South Korean government plans to allocate a significant portion of a 25 trillion won supplementary budget for local currency support, aiming to alleviate polarization and invigorate local economies amid uncertainties caused by global tensions.
Responding to High Oil Prices with a 25 Trillion Won Supplementary Budget… To Be Processed on the 10th of Next Month
The South Korean government and ruling party are expediting the establishment of a 25 trillion won supplementary budget to address surging oil prices due to the Middle East crisis.
Kim Dong-yeon directs to prepare 'war supplementary budget'... 'proactive support for people's livelihoods and energy' in line with the government
Kim Dong-yeon, the governor of Gyeonggi Province, has initiated the preparation of a supplementary budget in response to the prolonged effects of the Middle Eastern war, emphasizing support for livelihoods and energy.
Kenya: Health Ministry Defends Supplementary Budget As Cancer Agency Seeks Sh250mn for Prevention and Diagnosis
Kenya's Health Ministry supports a supplementary budget request of Sh250 million by the cancer agency to enhance prevention and diagnosis efforts amidst a broader funding appeal for healthcare improvements.
Government to Gradually Release Oil Reserves Over Three Months...Submit Supplementary Budget to National Assembly This Month
The South Korean government plans to gradually release oil reserves over the next three months and submit an additional budget to the National Assembly to mitigate economic impacts from rising global oil prices due to the Iran conflict.
Government to Prepare Up to 20 Trillion Won Supplementary Budget by April in Response to High Oil Prices and Inflation
The South Korean government, following President Yoon Suk-yeol's directive, is moving swiftly to prepare a supplementary budget of up to 20 trillion won to address the economic impact of rising oil prices and inflation.
Government, following President Lee's directive, forgoes the weekend and begins preparing the supplementary budget... with a possible maximum of 20 trillion won
The South Korean government is preparing a supplementary budget of up to 20 trillion won, prompted by President Lee's directive for swift economic support amidst significant excess tax revenues.
Planning Office: "Each department should return weekends and holidays to promptly prepare a supplementary budget plan"
In response to ongoing geopolitical tensions in the Middle East, the South Korean government is urged to quickly prepare a supplementary budget plan to mitigate economic impacts.
President Yoon: "Please prepare the supplementary budget quickly, even if it means staying up all night"
South Korean President Yoon emphasized the need for a rapid supplementary budget response to the economic challenges arising from the US-Iran tensions, urging his ministers to fast-track the process despite existing bureaucratic delays.
President Yoon: "Prepare the supplementary budget as quickly as possible, even if it means staying up all night"
President Yoon has urged for the rapid formulation of a supplementary budget to mitigate economic crises.
Koo Yoon-cheol: 'Sufficient support through various policy measures, including supplementary budget'
Koo Yoon-cheol, the Deputy Prime Minister and Minister of Economy and Finance, announced plans for comprehensive government support to mitigate the economic impacts of the Middle East situation.
Just cutting fuel taxes would benefit the wealthy more…Targeted support likely through supplementary budget
South Korean President Lee Jae-myung suggests that cutting fuel taxes could disproportionately benefit the wealthy, prompting a shift towards targeted financial support for low-income individuals and households.
President Yoon:
President Yoon has called for the early implementation of a supplementary budget in response to the economic impact of the U.S.-Iran conflict.
Government strengthens response to oil price shock…expanding fuel tax cuts and considering early supplementary budget
The South Korean government is implementing a price cap on oil products and expanding fuel tax cuts in response to a spike in domestic oil prices following international conflicts.
Strengthening arguments for supplementary budget formation in the first half of the year… Government bond rates surge by 0.323% in a month
Discussions of a supplementary budget in South Korea are intensifying following President Lee Jae-myung's remarks, prompting a increase in government bond rates amid expectations of higher bond issuance due to the budget.