South Korea's ruling party and the government have agreed on the need for expansionary fiscal spending next year to boost the economy and support innovative growth.<br />Although the exact figure has yet to be decided,... the two sides on Tuesday exchanged views on which areas required more funds,... especially in the wake of Japan's export curbs.<br />The 2019 budget was at around 385 billion U.S. dollars.<br />To deal with Tokyo,... the two sides are thinking of setting aside more than a billion dollars.<br />More meetings are lined up this afternoon.<br />The ruling party will meet South Korea's leading private think tanks to discuss support measures for local firms that may be hit by Tokyo's trade retaliation.<br />Separately,... senior ruling party lawmakers and top officials from the presidential office and the government will discuss any new developments,... and review response measures.<br />
