Ministry of Science and ICT Finalizes 2026 Budget at 23.7 Trillion Won—Focus on AI and R&D Ecosystem Restoration
South Korea’s Ministry of Science and ICT will boost its 2026 budget by 13.1% to 23.7 trillion won, prioritizing AI, strategic technologies, and R&D ecosystem restoration.
President Lee Omits 'Expansionary Fiscal Policy'—Focuses on 'AI Transformation'
President Lee Jae-myung’s 2025 budget speech prioritized AI-driven transformation, tripling AI investment, while omitting references to expansionary fiscal policy.
President Lee Jae-myung unveiled South Korea’s 2026 budget, prioritizing AI investment, defense upgrades, and social welfare, and called for bipartisan support to launch the nation’s AI era.
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