Veterans ministry seeks 8% hike in 2027 budget for expanded honors, key projects

The veterans ministry said Wednesday it is seeking an 8 percent hike in its 2027 budget to expand veterans benefits, support independence fighters' descendants and host an international sports event for injured soldiers. The Ministry of Patriots and Veterans Affairs said it has proposed 7.22 trillion won ($5.25 billion) for next year's budget, up by 532 billion won from this year's 6.68 trillion won. The draft proposal calls for raising basic compensation for war veterans and allowances for pers