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Seoul proposes 30 pct increase in budget for inter-Korean economic cooperation
SEOUL, Oct. 6 (Yonhap) -- South Korea's government proposed a 30 percent increase in its budget spending aimed at supporting inter-Korean economic cooperation projects for next year, the finance ministry said Tuesday.
According to the Ministry of Strategy and Finance, the budget set aside for inter-Korean economic cooperation next year will amount to 398.2 billion won (US$339.6 million), compared with 304.6 billion won assigned for this year.
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