South Korea’s 162.3 trillion-won Future Response Fund set for about five years

  • South Korea’s government set the Future Response Fund to operate for about five years.
  • 45.4 trillion won from the 2027 fund will support four priority areas.
  • Mandatory spending is projected to reach 537.8548 trillion won in 2030.

South Korea’s 162.3 trillion won ($117 billion) Future Response Fund is set to operate for about five years, despite earlier descriptions of it as a sustainable fund without a fixed expiration date. The fund relies on extra tax revenue from the semiconductor industry, whose cyclical performance makes future inflows uncertain after 2030. The government plans to allocate 45.4 trillion won from the 2027 fund to young adults, growth engines, regional development, education and talent, including artificial intelligence, strategic technologies and regional university tuition support. Because many initiatives require funding beyond four or five years, they could eventually move to the general account. Fiscal pressure is also rising: treasury bond interest costs are set to reach 40.4 trillion won next year and 51.1 trillion won by 2030, while mandatory spending is projected to climb to 537.8548 trillion won in 2030.

当サイトの情報はAIを用いて生成されており、正確性を保証するものではありません。 参考情報としてご活用ください。