(News Focus) S Korea-2024 budget(News Focus) Gov't to seek tighter budget, prioritize fiscal soundnessBy Kang Yoon-seung SEOUL, Aug. 29 (Yonhap) -- South Korea's smallest increase in its budget proposal in almost two decades illustrates the government's commitment to improving fiscal soundness amid declining tax revenue and economic uncertainties. On Tuesday, the country announced its plan to seek a 656.9 trillion-won (US$495 billion) budget for 2024, which represents 2.8 percent growth from the amount allocated for this year.

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