EconomySouth Korea's chip windfall fund to back long-term growth, not welfare spending, official says
A South Korean fund financed by record tax windfalls from the semiconductor boom will support projects over three to four years rather than recurring outlays such as welfare programs, a presidential official said Wednesday.
R
Reuters★★★☆☆2026-08-26 12:15Original
South Korea's chip windfall fund to back long-term growth, not welfare spending, official says
Economy