Sep 1, 2026CORE

Government Approves 820.9 Trillion Won 2027 Budget Proposal

Government of the Republic of Korea approved a 2027 budget proposal totaling 820.9 trillion won and its 2026–2030 fiscal plan, emphasizing future growth, youth support, inequality reduction and social safety nets.

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2027 Government Budget Proposal and National Assembly Deliberations

This issue tracks the 2027 government budget proposal approved on September 1, 2026, as well as its subsequent review and final passage by the National Assembly. Because the process continues through submission to the National Assembly, standing committee review, Budget and Accounts Committee deliberations, plenary voting, and final approval, it is tracked as a separate issue.

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