The South Korean Cabinet approved the 2026 first supplementary budget under the Prime Minister’s leadership.
The budget reallocates 6 trillion won without new government bonds, focusing on energy and supply chain investments.
The decision was made at the 15th temporary Cabinet meeting on April 11.
The South Korean government approved the 2026 supplementary budget to address economic challenges.
Key measures include expanded energy subsidies and supply chain stabilization funds.
The budget was finalized in April 2026 and is ready for immediate implementation.
South Korea has proposed a 26.2 trillion won emergency budget to address industrial risks from the Middle East conflict.
Key measures include expanded export support, energy transition funding, and supply chain stabilization.
The budget is under review and expected to be processed by the National Assembly on April 10.