SOUTH KOREA PROPOSES SUPPLEMENTAL BUDGET TO FIGHT AIR POLLUTION

04/29/2019

On April 24, South Korea announced a $5.87 billion supplemental budget to fight unprecedented air pollution levels and boost exports. The budget includes subsidies for replacing old diesel-powered cars, buying air purifiers, and encouraging renewable energy technologies. It also proposes increasing export credit financing and creating jobs. For the full story, see https://uk.reuters.com/article/us-southkorea-economy-budget/south-korea….