South Korea allocates 1.4 trillion won ($1.02 billion) in its second supplementary budget for a special debt adjustment package, targeting over 1.4 million vulnerable borrowers with expanded loan write-offs and principal reductions to support financial recovery amid high interest rates.
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[2nd Supplementary Budget] 1.4 Trillion Won Allocated for 'Special Debt Adjustment Package'

South Korea allocates 1.4 trillion won ($1.02 billion) in its second supplementary budget for a special debt adjustment package, targeting over 1.4 million vulnerable borrowers with expanded loan write-offs and principal reductions to support financial recovery amid high interest rates.

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