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KDI 경제정보센터

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Policy Issue

2020 Budget Proposal
Sep 2019
2020 Budget Planned to Support Industry and Innovation

The government proposed an expanded budget for 2020, worth 513.5 trillion won, with its focus on boosting the economy and promoting innovation. Total expenditures will be increased by 43.9 trillion won, or 9.3 percent, compared with the 2019 budget.

The 2019-2023 fiscal management plan has been drawn up to secure fiscal soundness and continue to pursue innovation and inclusiveness.


* For further details, please refer to the attached file
KDI 경제정보센터