On September 27, Yonhap News Agency reported that South Korea’s excess tax revenue for the current year is projected to exceed 50 trillion won (equivalent to approximately US$37 billion), largely driven by a more robust-than-anticipated semiconductor industry cycle. Based on Yonhap’s projections, the scale of the Future Response Fund—a mechanism through which the government channels excess tax revenue into strategic investments and fiscal reserves—could consequently surpass 200 trillion won. The Ministry of Economy and Finance is expected to disclose precise figures in the updated 2026 national tax revenue forecast report, which will be released later this month. This unexpected fiscal surplus will provide the government with greater flexibility to boost expenditures without resorting to additional borrowing. According to the 2027 budget proposal, revenues generated from the semiconductor sector will be predominantly allocated to support artificial intelligence development, advancements in the chip industry, and youth development initiatives, while simultaneously limiting bond issuance and building fiscal buffers.