A ruling party spokesperson announced on Sunday that South Korea will allocate a supplementary budget of about 25 trillion won ($16.61 billion) to support those affected by rising oil prices due to the conflict in the Middle East. According to the representative, these measures aim to ease the economic impact on citizens and businesses.
South Korea to Allocate $16.61B for Oil Price Impact Relief
South Korea's ruling party announced a supplementary budget of 25 trillion won to support citizens and businesses affected by rising oil prices due to the Middle East conflict.
