President highlights growth fund as he seeks parliamentary backing for record budget

President Lee Jae Myung on Monday highlighted a proposed 162 trillion won ($120.83 billion) growth fund backed by additional tax revenue from the semiconductor boom, as he sought parliamentary approval for next year’s record 820.9 trillion won budget. Speaking at the National Assembly, Lee also outlined 21.3 trillion won for artificial intelligence (AI) and three megaprojects, along with 13.8 trillion…