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Moon's economic agenda at risk as spending plan stalls

Wednesday, June 28, 2017 - 05:50

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Mr Moon's 11.2 trillion won supplementary budget was submitted almost three weeks ago but has yet to move past even the initial stage of the legislative process.

Seoul

DESPITE his soaring approval ratings, South Korean President Moon Jae-in's fiscal stimulus package has so far gone nowhere in Parliament, underscoring the challenges he faces in enacting his economic agenda without a majority.

His 11.2 trillion won (S$13.6 billion)

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