SEOUL: South Korea's government told state enterprises on Wednesday to spend 1 trillion won ($824.63 million) more than they had planned for the rest of the year to support cooling private sector activity.
Finance Minister Hong Nam-ki told heads of the country's 137 state-owned organisations at a meeting to increase their investment by 1 trillion won this year to prop up the economy, taking total investment for the year to 55 trillion.
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