South Korea Plans to Inject Additional $13 Billion in Stimulus, 2009 Budget Inflates
March 25, 2009 at 09:12 AM EDT
South Korea, Asia’s fourth-largest economy, approved an additional $20.7 billion (28.9 trillion won) to the national budget - with $13 billion intended to stem the nation’s economic decline and rising unemployment. The extra spending is on top of the original 284.5 trillion won budget for 2009, and will be mostly…