US EditionKorea to More than Triple 2026 AI Budget to W10.1 Trillion
4 Articles
4 Articles
Korea to more than triple 2026 AI budget to W10.1 trillion
The government proposed to spend 10.1 trillion won ($7.27 billion) on artificial intelligence (AI)-driven initiatives in 2026 — more than triple the 3.3 trillion won allocated for 2025, according to officials, Friday. The planned spending is in line with President Lee Jae Myung’s vision to position Korea as one of the world’s top three AI powerhouses, alongside the United States and China. The 10.1 trillion won is part of the record-high 728 tri…
[Digital Daily Reporter Lee Sang-il] The government has finalized its 2026 budget under the motto "For Recovery and Growth." This budget focuses on proactive fiscal management to establish a virtuous economic cycle and accelerate the leap forward toward a hyper-innovative economy. The plan is to focus strategic investments on high-performing sectors, such as the AI transformation, new industry innovation, and regional growth, while implementing …
Daum
Naver2026 Budget… Koo Yoon-chul: "The spark of recovery will spread into a flame of growth." Burden of worsening fiscal conditions… Deficit bonds of 110 trillion won, national debt of 1,415 trillion won, expenditure restructuring of 27 trillion won, R&D budget increases to record levels in 12 sectors… Lee Jae-myung's local currency will be expanded and child allowances will be strengthened. (Sejong=Yonhap News) Reporter Lee Jun-seo = The central gove…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
