2024 budget-gist Gist of proposed state budget for 2024 SEOUL, Aug. 29 (Yonhap) -- The following is the gist of the 656.9 trillion won (US$495 billion) state budget for next year that the finance ministry proposed Tuesday. The government also gave estimates on total revenue and midterm fiscal management plans.Spending:-- To increase fiscal spending by 2.8 percent on-year to 656.9 trillion won-- 242.8 trillion won on health, welfare and labor, up 7.5 percent -- 89.6 trillion won on education, down 6.

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