South Korea to create future fund from chip windfall to spur growth, tackle inequality
business
According to Channel NewsAsia, South Korea is establishing a 'Future Response Fund' financed by windfall profits from its semiconductor industry. The government plans to deploy these funds to finance major national investment projects, strengthen the country's long-term economic competitiveness, and address income inequality.
Source: https://www.channelnewsasia.com/east-asia/south-korea-fut...
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