[2026-05-20] Korea’s First-Anniversary State Council: Supplementary Budgets, Deepfake Crackdown, and APEC Startup Alliance Launch
On May 20, 2026, South Korea held its 22nd State Council Meeting to mark the first anniversary of President Lee Jae-myung’s government
Three key policy actions were taken: the Budget Ministry reported that two rounds of supplementary budgets — including a KRW 26
2 trillion package in April 2026 — helped rebound economic growth from 0
3% to 1