Industry News

South Korea proposes largest-ever supplementary budget plan

Views : 497
Update time : 2020-06-03 15:45:13
It was reported that the South Korea Ministry of Economy and Finance announced to add the third extra supplementary budget worth 35.3 trillion won, which was the largest-ever budget plan.

The current total amount of South Korea’s economic revitalization program hiked to 270 trillion won, which was to reduce the impact on the economy caused by the COVID-19 outbreak.

This supplementary budget will be submitted to the National Assembly tomorrow (May 4th) to review. It was the first time in 48 years to add the extra budget plan for three times in just one year.
Related News
Read More >>
Macro tailwinds and solid fundamentals support aluminium prices to hold up well in the short term Macro tailwinds and solid fundamentals support aluminium prices to hold up well in the short term
Oct .20.2025
Macro tailwinds and solid fundamentals support aluminium prices to hold up well in the short term
Andhra Pradesh government clears path for mega industrial park in Vizianagaram Andhra Pradesh government clears path for mega industrial park in Vizianagaram
Oct .20.2025
Andhra Pradesh government clears path for mega industrial park in Vizianagaram
Al Arabia sets sights on 10,000-tonne of aluminium exports Al Arabia sets sights on 10,000-tonne of aluminium exports
Oct .20.2025
Al Arabia sets sights on 10,000-tonne of aluminium exports
UK keeps anti-dumping duties on Chinese aluminium foil until 2029 — here’s why UK keeps anti-dumping duties on Chinese aluminium foil until 2029 — here’s why
Oct .20.2025
UK keeps anti-dumping duties on Chinese aluminium foil until 2029 — here’s why