South Korea Proposes Record $761b 2027 Budget to Supercharge AI Investment South Korea's recent budget proposal has sent shockwaves through global markets, earmarking a record 821 trillion won (approximately $760.
7 billion) for 2027 – a staggering 12. 8% increase from the previous year.
The country's technological ambitions are no secret, but this aggressive fiscal spending plan is a clear indicator of President Lee Jae myung's commitment to transforming South Korea into a technological powerhouse.