emirates7 - The Ministry of Economy and Finance of South Korea announced on Saturday that 26 major public institutions in the country invested a total of KRW39.9 trillion (US$28.9 billion) during the first half of the year — the highest on record — as part of ongoing government efforts to stimulate economic growth.
As reported by Yonhap News Agency, this amount is KRW2.9 trillion higher than the same period last year and surpassed the government's initial first-half target by KRW2.3 trillion.
For the full year, the government aims to reach a total public investment of KRW66 trillion, an increase from KRW63.5 trillion in 2024. Of this total, KRW37.6 trillion — or 57 percent — was originally slated for implementation between January and June.
As reported by Yonhap News Agency, this amount is KRW2.9 trillion higher than the same period last year and surpassed the government's initial first-half target by KRW2.3 trillion.
For the full year, the government aims to reach a total public investment of KRW66 trillion, an increase from KRW63.5 trillion in 2024. Of this total, KRW37.6 trillion — or 57 percent — was originally slated for implementation between January and June.