South Korea: President Lee unveils $22.1bn stimulus package to revive economy
Saturday, 21 June 2025 () South Korean President Lee Jae Myung has unveiled a substantial USD 22.1 billion supplementary budget to invigorate the nation's economy and aid struggling citizens. Approved by the Cabinet, the plan involves new spending and revised revenue projections. A key feature is a universal cash handout, with citizens receiving a minimum of 150,000 won.
Lee Jae-Myung was officially sworn in as South Korea’s new president after a sweeping snap election victory. In his first address, Lee launched a sharp critique of former U.S. President Donald..
Saturday, 21 June 2025 ()
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