[2026-04-03]South Korea’s 2026 Supplementary Budget: Crisis Response and Economic Recovery Measures

South Korea has proposed a 26.2 trillion won supplementary budget for 2026 to address the ongoing Middle East conflict’s economic impacts.
Key measures include targeted support for vulnerable groups, energy security, and investment in startups and supply chains.
The budget is currently under review in the National Assembly, with rapid approval requested for timely implementation.

[2026-03-28]South Korea Strengthens Oil Reserve Management Amid Global Supply Risks

President Lee Jae-myung visited Korea National Oil Corporation’s Seosan facility to assess oil reserve management.
Key industry leaders discussed supply challenges and proposed improvements for crisis preparedness.
The review and consultations took place on March 26, 2026, reflecting urgent global supply concerns.