April 25, 2024
News

Seoul approves USD$2.64 million budget for N. Korean Olympic participation

Funding to pay for entry fees, accommodation, and transport for athletes, cheerleaders, and press

The South Korean government on Tuesday passed a proposal allowing USD$2.64 million in funding for North Korea's participation in the PyeongChang Winter Olympics, the Ministry of Unification (MOU) announced.

The money will pay for amenities for the DPRK delegation during its visit, as well as cultural and exchange projects, and will come from the Inter-Korean Cooperation Fund (IKCF).

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