South Korean government announces first cut in 13 years
Edited By WION Video Desk
Published: Aug 30, 2022, 04:51 IST | Updated: Aug 30, 2022, 04:51 IST
South Korea stated that it would cut annual government spending for the first time in more than a decade next year, as it strives to cut back on pandemic-era stimulus and help the central bank temper inflationary pressures.
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