Seoul to increase funds for inter-Korean economic projects, family reunions



News Seoul to increase funds for inter-Korean economic projects, family reunions In first Moon budget, funding to support exchanges of separated families to increase by 97 percent Dagyum Ji August 29, 2017 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON South Korean government South Korea's Ministry of Unification (MOU) on Tuesday said it hopes to significantly increase the funding allocated for inter-Korean economic cooperation and reunions of separated families. The proposal for the fiscal year 2018, which is the first by the Moon Jae-in administration, allocated around KRW1.27 trillion (around USD$1.1 billion) to the MOU, an increase of 5.5 percent compared to last year's budget. South Korea's Ministry of Unification (MOU) on Tuesday said it hopes to significantly increase the funding allocated for inter-Korean economic cooperation and reunions of separated families. The proposal for the fiscal year 2018, which is the first by the Moon Jae-in administration, allocated around KRW1.27 trillion (around USD$1.1 billion) to the MOU, an increase of 5.5 percent compared to last year's budget. Become a member for less than $4 per week. Unlimited access to all of NK News: reporting, investigations, analysis The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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Seoul to increase funds for inter-Korean economic projects, family reunions

In first Moon budget, funding to support exchanges of separated families to increase by 97 percent

Dagyum Ji August 29, 2017

Seoul to increase funds for inter-Korean economic projects, family reunions

South Korean government

South Korea's Ministry of Unification (MOU) on Tuesday said it hopes to significantly increase the funding allocated for inter-Korean economic cooperation and reunions of separated families.

The proposal for the fiscal year 2018, which is the first by the Moon Jae-in administration, allocated around KRW1.27 trillion (around USD$1.1 billion) to the MOU, an increase of 5.5 percent compared to last year's budget.