South Korea's Deputy Prime Minister Gu Yoon-chul pledged to maximize fiscal resources in the 2026 budget, prioritizing economic revitalization, AI investment, and social welfare to drive sustainable growth under the Lee Jae-myung administration.
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South Korea plans to fully leverage all available fiscal resources in its 2025 budget to bolster economic momentum and support household livelihoods, according to Gu Yoon-cheol.
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Gu Yoon-chul, nominee for South Korea's finance minister, pledged to review tax exemptions, deductions, and undeclared income to secure fiscal resources, citing a sharp decline in tax revenue and emphasizing the need for AI-driven reforms and improved revenue forecasting accuracy.
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Gu Yoon-chul Vows Review of Tax Exemptions, Deductions, and Evasion to Broaden Tax Base

Gu Yoon-chul, nominee for South Korea's finance minister, pledged to review tax exemptions, deductions, and undeclared income to secure fiscal resources, citing a sharp decline in tax revenue and emphasizing the need for AI-driven reforms and improved revenue forecasting accuracy.

Yonhap Infomax