South Korea's fiscal deficit reached 94.3 trillion won in the first half of the year, the fourth largest on record. Revenue increased by 24.7 trillion won, but expenditure also ros...
South Korea's budget deficit for January to May improved to 54.2 trillion won, showing a significant recovery from the previous year. Revenue increases and controlled expenditures ...
The Ministry of Economy and Finance announces a record-high tax reduction of 78 trillion won for this year, raising concerns over fiscal sustainability and revenue shortfalls. Stra...
South Korea plans to issue won-denominated foreign exchange stabilization bonds for the first time in 22 years, starting January. This move aims to stabilize the won-dollar exchang...
South Korea's public sector debt exceeds 1,670 trillion won, nearly 70% of GDP, with general government debt ratio surpassing 50% for the first time. The rate of debt increase has ...
Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok convened an expanded executive meeting at the Government Complex Seoul on December 9, focusing on managing S...
