Korea earmarks W65tr for economic revival in 2017
Sept. 2, 2016
[THE INVESTOR] South Korea will inject more than 65 trillion won (US$58.10 billion) next year to revitalize the economy, the Trade Ministry said on Sept. 2.Out of the 400.7 trillion won budget for 2017, which was endorsed by the Cabinet earlier this week, the government set aside more than 16 percent of the total to revive the economy, boost exports and support small and medium enterprises.According to the ministry, some 600 billion won, up 42.5 percent from a year earlier, was earmarked for boo