South Korea to establish 'Future Response Fund' using semiconductor tax revenue
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Kang Hoon-sik (Presidential Chief of Staff), Lee Jae Myung administration
South Korea
July 5, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 17/5/2026, 3:00:29 PM
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.
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