Guidelines for 2025 Budget Proposal Establishing a fiscal soundness framework to enhance fiscal responsibility for future generations 1. Create an innovative economic ecosystem - Foster High5+ advanced industries* by investing in infrastructure upgrade and talent development * Semiconductor, secondary battery, biotech, future mobility, hydrogen - Reform the research and development (R&D) system and significantly expand investment - Shore up the growth ladder for SMEs and reinvigorate investment in ventures and start-ups - Foster promising service industries such as K-contents and biotech healthcare 2. Provide robust welfare for vulnerable groups - Continue to enhance the national basic living security system - Provide tailored welfare services to beneficiaries - Boost social mobility by strengthening work incentives and self-reliance support by vulnerable groups - Expand small business owners’ revenue base and grow business competitiveness through the smart technology 3. Enhance economic and social fundamentals in response to future challenges - Counter demographic shifts such as low birth rates and aging population - Support the future of young people through job competency enhancement as well as housing and asset building assistance - Promote balanced regional development through the creation of regional hubs - Invest in climate crisis mitigation, including transitioning to carbon-neutral energy 4. Secure a strong national security and build a safe society - Nurture advanced military technologies to establish a robust national security - Secure an economic security by restoring the stability of energy and resource supply chains - Invest in infrastructure for disaster preparedness - Step up support for essential and regional healthcare to promote a safe society