Global Economy

South Korea President Lee says economy shows V‑shaped recovery and that annual exports of USD 1tln are within reach

ORIGINAL · NewsquawkSouth Korea President Lee says economy shows V‑shaped recovery and that annual exports of USD 1tln are within reachRead originalHide original

Says: South Korea faces inequality and polarisation despite growth. Future Response Fund will be a strategic investment platform, as well as a fiscal stability mechanism. Government's AI investment spending will nearly double next year to KRW 21.3tln.

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Lee cited a V-shaped recovery and potential USD 1 trillion exports, while noting inequality and describing the Future Response Fund and planned AI spending increase.

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Says: South Korea faces inequality and polarisation despite growth. Future Response Fund will be a strategic investment platform, as well as a fiscal stability mechanism. Government's AI investment spending will nearly double next year to KRW 21.3tln.

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