South Korea Future Response Fund
4 articles from 1 country
South Korea plans to establish a 'Future Response Fund' exceeding 100 trillion won, potentially reaching 120 trillion won. This fund will utilize additional tax revenue from economic booms, particularly from the semiconductor industry. The government intends to invest these funds in strategic areas such as artificial intelligence and youth development, though parliament is urged to scrutinize its purpose and funding.
South Korea's 'Future Response Fund': Parliament urged to scrutinize purpose and funding
- The South Korean government has announced plans to establish a "Future Response Fund" with an initial capitalization expected to exceed 100 trillion won, funded by surplus tax revenues. - The fund aims to invest in strategic growth areas, including youth employment, technological innovation (AI, SMR, quantum), regional development, and talent cultivation. - Concerns have been raised about the fu…
South Korea to establish 'Future Response Fund' with semiconductor tax revenue for AI, youth investment | Dong-A Ilbo (KR) | 01M0HNCQ9WZVX27CFSJ14VWAD1
- South Korea plans to establish a 'Future Response Fund' using additional tax revenue from a semiconductor boom. - The fund will invest in advanced industries and youth programs. - The government wil…
South Korea Unveils 100 Trillion Won 'Future Response Fund' for Strategic Investments
- South Korea plans to establish a "Future Response Fund" exceeding 100 trillion won, funded by additional tax revenue from economic booms. - The fund will invest in four key areas: youth, growth engi…
Future response fund of at least 120 trillion won possible with additional semiconductor tax revenue
- South Korea is considering establishing a future response fund, potentially worth at least 120 trillion won (approximately $100 billion). - This fund would be financed by additional tax revenue gene…
