South Korean President Lee Jae Myung today urged the National Assembly to swiftly approve a supplementary budget of around 17.1 billion dollars, intended to mitigate the economic fallout from the ongoing conflict in West Asia. According to a local news agency, Lee, during his budget address, described the situation as an unforeseen and complex crisis, as the US-led war involving Iran enters its second month. He emphasized that exceptional measures are required to stabilize the economy. Lee stated that the government views the current circumstances as a wartime-level economic emergency and is deploying all available resources to address the challenges. He added that the proposed budget is designed to safeguard vulnerable groups while preventing a slowdown in the country’s economic recovery.