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Lee Urges 'Growth for All' in Record 2027 Budget Speech

President Lee Jae Myung on Monday addressed the National Assembly to seek bipartisan support for the government's record 2027 budget of 820.9 trillion won (about $613 billion), calling for a shift from 'K-shaped growth' to 'growth for all' so every region and citizen shares the benefits of growth. He highlighted a proposed 162 trillion won ($120.83 billion) growth fund backed by additional tax revenue from the semiconductor boom, and pledged bold investment in AI and future growth engines, while also calling for a defense budget increase of more than eight percent to secure capabilities for the early transfer of wartime operational command. Yonhap reports Lee vowed 'bold investment' in AI and future growth sectors, and KBS World notes the ruling and opposition parties are already at odds over major spending items as parliamentary deliberations begin this week.

  1. President Calls for Economic Transformation during Budget Speech KBS World · 2026-11-02
  2. Lee Calls for Massive Investment in Future Industries to Realize ‘Growth for All’ KBS World · 2026-11-02
  3. President highlights growth fund as he seeks parliamentary backing for record budget Korea Times · 2026-11-02
  4. Lee Calls for Increase of over 8% in Defense Budget for OPCON Transfer KBS World · 2026-11-02
  5. Lee to address National Assembly on next year's gov't budget Korea Times · 2026-11-02
  6. Parliament to Launch Budget Deliberations This Week Amid Party Differences KBS World · 2026-11-02
  7. (3rd LD) Lee vows bold investment in AI, future growth engines for 'growth for all' Yonhap · 2026-11-02
  8. Lee Requests Parliament's Cooperation on 2027 Budget KBS World · 2026-11-02
  9. (LEAD) Lee vows bold investment in AI, future growth engines to boost growth potential Yonhap · 2026-11-02
  10. 李대통령 “소수의 성장이 아닌 모두의 성장으로 대전환” 조선일보 · 2026-11-02

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