South Korea’s finance ministry (MOEF) published the 2025 National Budget Overview on Monday, detailing the government’s total budget of $467.4 billion (673.3 trillion won), a 2.5% increase from 2024. The budget prioritizes economic revitalization, welfare expansion and national security, while maintaining fiscal discipline. The document highlights targeted investments in semiconductors, artificial intelligence and renewable energy, along with significant allocations to social welfare programs and national defense. The ministry expects total tax revenue to reach $265.5 billion (382.4 trillion won), a 4.1% increase from 2024.

A major focus of the budget strategy is on financial stability and long-term economic resilience, while