{"id":9489,"date":"2021-08-24T10:21:40","date_gmt":"2021-08-24T06:21:40","guid":{"rendered":"https:\/\/qia.az\/en\/s-korean-authorities-agree-on-record-budget-for-2022\/"},"modified":"2021-08-24T10:21:40","modified_gmt":"2021-08-24T06:21:40","slug":"s-korean-authorities-agree-on-record-budget-for-2022","status":"publish","type":"post","link":"https:\/\/qia.az\/en\/s-korean-authorities-agree-on-record-budget-for-2022\/","title":{"rendered":"S. Korean authorities agree on record budget for 2022"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/qia.az\/en\/wp-content\/uploads\/sites\/3\/2021\/07\/Kazakhstan-eyes-increasing-foreign-direct-investment-to-19B.jpg\" \/><\/p>\n<div itemprop=\"articleBody\">\n<p>The South Korean ruling party and the government have agreed to draw up the biggest ever annual state budget of 605 trillion won ($518.7 billion) for 2022 to finance the country\u2019s efforts to tackle the COVID-19 crisis, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/report.az\/en\/\">Report<\/a> informs referring to The Korea Times.<\/p>\n<p>This represents a slight increase from this year\u2019s budget of 604.7 trillion won, including the regular budget of 558 trillion won and two rounds of COVID-19 response extra budget, they said.<\/p>\n<p>\u201cThe party and the government shared their commitment to allotting sufficient resources needed to completely overcome COVID-19 through proactive expansionary financial policies and spur speedy economic recovery,\u201d Rep. Park Wan-joo, the Democratic Party\u2019s policy committee chief, said, following the party\u2019s consultation with the government side.<\/p>\n<p>According to Park, next year\u2019s budget will include an additional 1.8 trillion won to compensate small business owners ravaged by anti-virus social distancing measures as the unexpected spread of COVID-19 variants weighs down the efforts to combat the coronavirus crisis.<\/p>\n<p>\u201cThe 2022 budget will also finance a sharp expansion of infrastructure for contagious disease prevention&#8230; as well as the procurement of vaccines, enough to inoculate the entire nation against COVID-19 variants,\u201d Park noted.<\/p>\n<\/p><\/div>\n<p><script>\n    !function(f,b,e,v,n,t,s)\n    {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n        n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n        if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n        n.queue=[];t=b.createElement(e);t.async=!0;\n        t.src=v;s=b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t,s)}(window, document,'script',\n        'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n    fbq('init', '800789640666009');\n    fbq('track', 'PageView');\n<\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/>https:\/\/report.az\/en\/other-countries\/s-korean-authorities-agree-on-record-budget-for-2022\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The South Korean ruling party and the government have agreed to draw up the biggest ever annual state budget of 605 trillion won ($518.7 billion) for 2022 to finance the country\u2019s efforts to tackle the COVID-19 crisis, Report informs referring to The Korea Times. This represents a slight increase from this year\u2019s budget of&hellip; <a class=\"more-link\" href=\"https:\/\/qia.az\/en\/s-korean-authorities-agree-on-record-budget-for-2022\/\">Continue reading <span class=\"screen-reader-text\">S. Korean authorities agree on record budget for 2022<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":7658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3187,1567,1678,3186,1400],"class_list":["post-9489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-slider","tag-agree","tag-authorities","tag-budget","tag-korean","tag-record","entry"],"_links":{"self":[{"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/posts\/9489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/comments?post=9489"}],"version-history":[{"count":0,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/posts\/9489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/media\/7658"}],"wp:attachment":[{"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/media?parent=9489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/categories?post=9489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qia.az\/en\/wp-json\/wp\/v2\/tags?post=9489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}