South Korea plans future fund backed by semiconductor tax windfall
Published on: July 5, 2026, 2:20 p.m. | Source: The Economic Times
South Korea is establishing a "Future Response Fund" from semiconductor boom tax revenues. This fund will fuel major national projects, boost growth engines, and support younger generations. The initiative aims to tackle economic polarization and solidify the nation's global standing. President Lee Jae-myung's administration envisions this as a cornerstone for long-term competitiveness, with a focus on semiconductors, AI, and data centers.
