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2022 Jun 30 Thu, 11:39:43 pm

South Korea to increase overseas aid by 12.4% next year: South Korean PM

SEOUL, 30th June, 2022 (WAM) -- South Korea plans to increase its financial aid to developing countries by 12.4 percent next year, Yonhap news agency quoted Prime Minister Han Duck-soo as saying. The government set a budget for official development assistance (ODA) at 4.5 trillion won (US$3.4 billion) in 2023, a hike of 502 billion won from this year, Han told a meeting on overseas aid on Thursday. To improve aid effectiveness, Han said the government will expand the role of civilian sectors in ODA...