S. Korea plans to use 68% of 2017 expenditures in H1


(MENAFN) The South Korean government intends to outlay 68% of its planned spending for 2017 during H1 aiming to enhance economic vitality.

Moreover, out of the 400 trillion-won budget agreed by parliament, almost 340 trillion won is approved for the government's expenditures.

Additionally, the Ministry of Strategy and Finance stated it is likely to assign 68% of the outlays in the first 6 months, with increasing on job formation, growing safety facilities and operating infrastructure plans.


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