Seoul’s unification ministry looks to cut spending on North Korea cooperation



News 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 Ifang Bremer August 27, 2024 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON South Korea's Minister of Unification Kim Yung Ho \| Image: Ministry of Unification 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. 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. Try unlimited access Only $1 for four weeks Unlimited access to all of NK News: reporting, investigations, analysis Year-one discount if you continue past $1 trial period The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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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

Ifang Bremer August 27, 2024

Seoul’s unification ministry looks to cut spending on North Korea cooperation

South Korea's Minister of Unification Kim Yung Ho | Image: Ministry of Unification

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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Seoul’s unification ministry looks to cut spending on North Korea cooperation

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