Seoul’s unification ministry looks to cut spending on North Korea cooperation | NK News
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November 22, 2024
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Seoul’s unification ministry looks to cut spending on North Korea cooperation

Yoon administration proposes 3.7% decrease in 2025 budget, but seeks more humanitarian funds in line with new policy

The Yoon administration has proposed a 3.7% decrease in funding for the unification ministry next year, singling out inter-Korean cooperation and support programs for the largest cuts in line with its focus on military deterrence of North Korea over dialogue.

The ministry’s budget proposal for 2025 calls for $1.16 billion (1.55 trillion won), revealing significant shifts in funding for inter-Korean relations and North Korean defector support programs. But it is still subject to National Assembly review from next week. 

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