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Lee Jae-myung pledges 204 trillion won investment to boost growth
6 articles |
Updated 1d ago |
Created 1d ago
South Korean President Yoon Suk-yeol announced a comprehensive plan on March 15th aimed at injecting over ₩204 trillions into the economy through targeted investments and policy reforms designed to stimulate domestic production while addressing global market volatility, marking his administration's most significant fiscal initiative yet as he seeks to stabilize growth amid rising inflation.
Key Points
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1President Yoon Suk-yeol has announced a new policy to increase the number of foreign workers entering South Korea by at least one million.
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2The administration aims for this target within two years, specifically targeting sectors with labor shortages such as construction and agriculture.
Developments
[Mar 15]
President Yoon Suk-yeol announced a plan to increase foreign worker intake by at least one million within two years, citing the need for labor in sectors like construction and agriculture.