SEOUL, May 12 (Xinhua) -- The South Korean government said Tuesday that it has spent 110.7 trillion won (89 billion U.S. dollars) of this year's budget as of late April on stabilizing the domestic economy.

The money spent during the four months reached 43 percent of the budget worth 257.7 trillion won (207.4 billion U.S. dollars), from which the government can tap for various projects, according to the Ministry of Strategy and Finance.

This year's total budget stands at 284 trillion won (228.6 billion U.S. dollars), including public funds and money set aside for state-run corporations.

"The overall amount released so far exceeds the original spending schedule by 11.5 percent, as the government has moved to front-load spending to pull up the sluggish economy," an official at the ministry said.

The finance ministry is expected to spend additional 17.2 trillion won (13.8 billion U.S. dollars) in extra budget within the year, the official added.