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South Korea to establish 'Future Response Fund' using semiconductor tax revenue
Kang Hoon-sik (Presidential Chief of Staff), Lee Jae Myung administration
South Korea
July 5, 2026
This article is generated by cross-referencing multiple sources and official announcements. Parts relying solely on testimony or reporting are reflected in the confidence score; content and assessment are updated as new information is confirmed.
South Korea plans to create a 'Future Response Fund' to finance national investment projects. The fund will be financed by extra tax revenue generated by the semiconductor boom. Objectives include supporting younger generations, addressing economic inequality, and strengthening long-term competitiveness.