South Korea acting president Han calls for speedy implementation of 2025 budget

Han has been working to reassure South Korea’s allies and aloof monetary markets, since President Yoon Suk Yeol became as soon as impeached and suspended from his tasks on Saturday over his rapid-lived try and impose martial law

Reuters

17 December, 2024, 09:forty five am

Closing modified: 17 December, 2024, 09:49 am

South Korea’s performing president Han Duck-soo on Tuesday known as for subsequent year’s executive funds to be immediately utilized from the inaugurate of 2025 in show to support revive the nation’s slowing economic system.

Han has been working to reassure South Korea’s allies and aloof monetary markets, since President Yoon Suk Yeol became as soon as impeached and suspended from his tasks on Saturday over his rapid-lived try and impose martial law.

The performing president became as soon as talking at a cabinet assembly on Tuesday.

South Korea faces economic challenges, including heightened uncertainty for the alternate-dependent nation created by US President-elect Donald Trump’s pledge to hike tariffs, as export boost in Asia’s fourth-finest economic system slowed for a fourth-straight month in November, to the weakest level in 14 months.