President Lee Jae-myung emphasized the importance of the first budget for the AI era in his 2026 budget speech.
Next year’s government R&D budget has been confirmed 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 and food sectors, focusing on smart agriculture 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 stated that they will continuously manage the recovery and support process.
The government is providing various forms of assistance, including additional funds and donations to the victims.
President Lee emphasized that governance should be transparently disclosed to the citizens.
The government is conducting briefings in front of the public and promised special rewards for dedicated officials.
He called for a shift in policy paradigm to address polarization and urged research on promoting social economy.
The government has added four tasks to the super-innovation economy project: superconductors, K-bio, K-digital healthcare, and K-content.
The Ministry of Economy and Finance announced the fourth implementation plan at the Industrial Competitiveness Enhancement Ministers’ Meeting on the 16th.
With this announcement, all 20 tasks of the 15 leading super-innovation economy 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 the ‘Global Logistics Supply Chain Hub Strategy’ and plans to strengthen the functions and roles of port and maritime promotion corporations.
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 has signed an agreement with Incheon Bridge Co. to lower the toll.
This reduction is expected to save commuters 1.72 million won annually.