# South Korea proposes record $597 billion 2027 budget to supercharge AI investment

https://mins.news/en/item/39869

- Reuters, 2026-09-01 07:05 UTC
- Economy
- Original: https://www.reuters.com/world/asia-pacific/south-koreas-president-lee-says-interest-rate-rise-is-unavoidable-2026-09-01/?link_source=ta_bluesky_link&taid=6a9679212732d80001673a5d

> South Korea unveiled its most aggressive fiscal spending plan on record, proposing 821 trillion won ($596.92 billion) in total government expenditure for 2027 to strengthen its technological edge in the global AI race.

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