South Korea to hike North Korea-related budget by 10.4% in 2015
South Korean market
Seoul - Yonhap
South Korea announced a double-digit increase in next year's budget for its ministry handling North Korean affairs on Thursday, emboldened by President Park Geun-hye's reunification drive.
The unification ministry's total budget will jump 10.4 percent on-year to 1.4 trillion won (US$1.3 billion) in 2015, according to the government's new budget plan approved by the Cabinet. It requires parliamentary endorsement.
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