The Ministry of Culture, Sports and Tourism’s budget for next year has been finalized at 7.067 trillion won ($4.9 billion), marking a 1.6% increase of 112.7 billion won from the year prior.

(Bloomberg) -- South Korean opposition leader Lee Jae-myung forced through a highly contested budget Tuesday ... Yoon in Seoul South Korea’s Yoon Banned From Overseas Travel as Probes Mount ...

President Yoon Suk-yeol blamed rival factions’ interference with budget cuts as a key factor in his martial law decision. South Korea’s main opposition party said on Tuesday it would pass a ...

Lee Chang-yong, governor of the Bank of Korea, noted that the budget cut plan, led by the opposition party and passed by the National Assembly, could lower next year's economic growth rate by 0.06 ...

SEOUL – South Korea’s main opposition party said on Tuesday it would pass a government budget bill for 2025 that triggered President Yoon Suk Yeol’s martial law decree last week, at a plenary session ...