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South Korea Plans to Inject Additional $13 Billion in Stimulus, 2009 Budget Inflates

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…
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