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SOUTH KOREA TO BOOST BUDGET SPENDING TO KICKSTART ECONOMY.

AsiaPulse News

| November 03, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Nov. 3 Asia Pulse - South Korea said Monday that it would increase budget spending by around 10 trillion won (US$7.74 billion) next year, as part of its efforts to help stimulate the slumping economy and low-income people tide over the current financial turmoil.

The move was decided at a policy consultation meeting between the government and the ruling party on Sunday night and will be included in a wide range ...

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