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...
