President Lee Jae-myung emphasized the importance of the first budget for the AI era in his speech on the 2026 budget proposal.
Next year’s government R&D budget has been set at a record high of approximately 35.5 trillion won.
The Ministry of Agriculture, Food and Rural Affairs plans to allocate 261.7 billion won for R&D in the agricultural sector, focusing on smart farming and green bio industries.
A survey revealed that 62.4% of Gyeongbuk wildfire victims are still living in temporary housing.
The Ministry of Interior and Safety pledged continuous management to ensure swift recovery and support.
The government promised ongoing support for the 2,415 households currently in temporary housing.
President Lee Jae-myung stressed the importance of transparent governance for the people.
The government will conduct briefings in front of the public and provide special rewards to dedicated public officials.
He called for a shift in policy paradigm and the promotion of social economy to address polarization.
The government has added superconductors, K-bio, K-digital healthcare, and K-content to the super-innovation economy project.
The Ministry of Economy and Finance announced the fourth implementation plan at the industrial competitiveness enhancement meeting on the 16th.
With this announcement, all 20 tasks of the 15 super-innovation economy leading projects have been confirmed.
The government plans to invest 4.5 trillion won by 2030 to expand overseas public-supported logistics centers to 40 locations.
The Ministry of Oceans and Fisheries announced a strategy to secure global logistics supply chain hubs, strengthening the roles of port authorities and maritime promotion agencies.
The ministry will prioritize investment in storage and handling facilities such as warehouses and container yards in key overseas logistics hub countries.
Starting at midnight on the 18th, the toll for Incheon Bridge will be reduced by 63%.
The Ministry of Land, Infrastructure and Transport announced an agreement with Incheon Bridge Co. to lower the toll.
This reduction is expected to save commuters 1.72 million won annually.