The government’s proposal of maintaining a tight budget in 2025 illustrated its commitment to fiscal policy normalization amid the tax revenue shortfall, but calls for greater fiscal policy roles have also grown in the face of weak domestic demand an…
South Korea has increased funding for North Korean defectors to support their early settlement as part of its budget proposal for next year, in line with its new unification blueprint.
The unification ministry’s budget proposal, which was approved b…
The government earmarked 29.7 trillion won (US$22.3 billion) in the budget for research and development (R and D) projects in 2025, officials said Tuesday.
Next year’s R and D budget marks a 11.8 percent increase from this year, when it was signific…
PUTRAJAYA, The Federal Court today ruled that it has the authority to hear reviews filed by prisoners who have already been granted pardons for their death penalty sentences.
A three-member bench, led by Justice Datuk Harmindar Singh Dhaliwal, rende…
The following is the gist of the state budget of 677.4 trillion won (US$509.71 billion) proposed by the finance ministry for 2025 on Tuesday, which marks a 3.2 percent on-year increase. The government also put forth estimates on total revenue and mid…