February 19, 2020

Seoul to increase inter-Korean cooperation budget to over $990 million: MOU
But MOU will sharply reduce budget for human rights foundation and defector support
South Korea will increase its Inter-Korean Cooperation Fund to more than KRW 1.1 trillion (USD$991 million) for 2019, while reducing annual spending on resettlement funds for defectors and its controversial North Korean Human Rights Foundation.The changes — announced by the Ministry of Unification (MOU) in a new budget announcement on Tuesday — mark a 14.3 percent increase in cooperation