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South Korea's AI fund to act as fiscal dam against higher yields
Markets
Bloomberg Technology
Budget minister Park Hong Keun said South Korea will use a new AI fund, financed by semiconductor-driven tax gains, to cushion the impact of rising borrowing costs. The fund is intended to provide a fiscal buffer as global yields increase.
Why it matters: Tech professionals should note how AI‑related tax revenue is being leveraged for macro‑economic stability, affecting investment and market conditions.
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