2027 Budget Disputes
6 articles from 3 countries
France’s CGT union calls a major public-sector strike over wages, public services and the government’s 2027 budget plans, while South Korea’s People Power Party attacks its government’s proposal as fiscally reckless. South Korea’s budget also includes funding for nuclear-powered submarines, KF-21 fighter jets, media oversight and small-business debt relief.
CGT Calls for Major Public-Sector Strike on Sept. 29 Over 2027 Budget
CGT leader Sophie Binet wants public-sector workers to stop work for 24 hours on Sept. 29, saying the action should show what France would look like without public services. Binet made the call as unions prepare a public-sector mobilization against the government’s planned 2027 budget. She said the CGT would do everything possible to block what it expects to be a “regressive budget” and tied the s…
South Korea's People Power Party attacks 2027 budget as fiscally reckless
South Korea's People Power Party has labeled the proposed 2027 budget a form of “fiscal runaway,” arguing that the government plans to raise both spending and debt while retaining a large pool of mone…
Paraguay lawmakers delegate 2027 budget committee appointments and approve $1 million donation for public works advice
Paraguay's Chamber of Deputies approved a $1 million donation for public works planning just before a scheduled effort to question the minister responsible for the ministry. The donation, backed in an…
2027 Budget Sets Aside First Funding for Center to Counter False and Manipulated Information
South Korea’s Broadcasting, Media and Communications Commission has secured its first budget allocation for a transparency center aimed at responding to false and manipulated information. The commissi…
South Korea to Commit 3.4 Trillion Won to Nuclear Submarines and KF-21 in 2027 Budget
South Korea plans to begin pursuing a nuclear-powered submarine program in earnest next year while committing major funding to mass-produce its homegrown KF-21 fighter jet. The proposed 2027 budget al…
[2027 Budget] Government to Write Off 700 Billion Won in Small-Business Debt and Expand Rural Basic Income Areas
The government plans to write off 700 billion won in debt owed by small-business owners who have fallen behind on loan payments for an extended period. It also plans to expand the eligible areas for a…
