
SEOUL -- South Korea on Tuesday unveiled $133 billion of post-coronavirus spending in what President Moon Jae-in called a "K-New Deal," echoing the term used by U.S. President Franklin Roosevelt for the programs to pull his country out of the Great Depression in the 1930s.
Under the plan, South Korea will invest 160 trillion won ($133 billion) to create 1.9 million jobs by 2025 in the digital and green sectors.