Industry
Korea to hold 2027 R&D budget strategy meeting, focus on funding restructuring
South Korea\'s Ministry of Science and ICT and the Office of Planning and Budget held a strategy meeting on April 30 to discuss next year\'s research and development investment and the 2027 R&D budget. The government will allocate related budgets from an integrated national perspective to improve efficiency and consistency. It plans to restructure government R&D by linking spending cuts and efficiency measures to reinvestment, and to strengthen evaluations and inter-ministerial collaboration.