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    "headline": "South Korea President Approves Record 800 Trillion Won 2027 Budget",
    "dek": "President Lee Jae-myung approves a record 800 trillion won budget for 2027 at the State Council meeting.",
    "prose": "President Lee Jae-myung presided over the State Council meeting at the Blue House on June 1, 2026, to deliberate and approve the government's budget proposal for 2027. [^1]\n\nPresident Lee Jae-myung stated on February 2 that expanding welfare and economic growth simultaneously is an ideal but unrealistic goal in the current context. [^2]\n\nThe State Council approved the next year's budget of 820.9 trillion won, which is 12.8% higher than the current year's budget. [^3]\n\nRyu Deok-hyun, a financial planning aide at the Blue House, stated that corporate taxes for the next year are expected to exceed 200 trillion won due to the semiconductor industry boom. [^4]\n\nThe South Korean government has planned a record-breaking budget of approximately 821 trillion won for the upcoming year. [^5]\n\nOn April 2, 2026, the South Korean won fell against the US dollar to close at 1,368.7 won per dollar, down 1.7 won from the previous week's closing rate. [^6]\n\nRyu Deok-hyun explained that the projected corporate tax revenue of over 200 trillion won is a primary factor reflected in the budget's scale. [^7]\n\nThe National Tax Service is expected to collect over 580 trillion won in national tax revenue next year. [^8]",
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      "statement": "The State Council approved the next year's budget of 820.9 trillion won, which is 12.8% higher than the current year's budget.",
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