Policy Issue
2018 Budget Proposal
Sep 2017
2018 Budget Focuses on Job Creation, Wage-led Growth and Innovation
The 2018 budget proposal contains support to achieve a people-friendly economy and sustainable growth, and emphasizes the role of expansionary fiscal spending in pursuing these goals. A total of 429.0 trillion won, an increase of 28.4 trillion won, or 7.1 percent compared with the 2017 budget, will be spent to successfully implement the new administration’s economic policies.
* For further details, please refer to the attached file
The 2018 budget proposal contains support to achieve a people-friendly economy and sustainable growth, and emphasizes the role of expansionary fiscal spending in pursuing these goals. A total of 429.0 trillion won, an increase of 28.4 trillion won, or 7.1 percent compared with the 2017 budget, will be spent to successfully implement the new administration’s economic policies.
* For further details, please refer to the attached file
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