[2027 budget] Rural basic income target areas expanded to 35 regions · Direct payment first 3 trillion won

The Ministry of Agriculture, Food and Rural Affairs has compiled a 22.2 trillion won budget for next year, a 10.4% increase. The rural basic income pilot program will be expanded to 35 counties. The first 3 trillion won in public interest direct payments will be exceeded, and a new agricultural product price stabilization act will be established. The Ministry of Agriculture, Food and Rural Affairs announced on the 1st that the 2027 budget proposal, which includes these contents, has been set at 22.2 trillion won, an increase of 10.4% (2.853 trillion won) from this year. The budget proposal for next year includes 1.192 trillion won set aside as a future response fund. The government also plans to repay the accumulated debt of 3.1 trillion won from four funds including agricultural land management, agricultural product price stabilization, free trade agreement (FTA), and livestock development. The Ministry of Agriculture, Food and Rural Affairs has significantly increased the budget ...