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2011 welfare budget to rise 6.4%

Published: 2011-10-07 07:00:00
Updated: 2011-10-07 07:00:00
The government has increased its welfare budget for next year by 6.4 percent from this year to 92 trillion won.

Its welfare budget amounts to 28.2 percent of total expenditure, taking the largest portion for the second consecutive year. The increase stems from expanded benefits for the elderly in the aging society and efforts to ease economic polarization.

The government also plans to spe...

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