Yonhap Infomax NewsApr 8, 2025
South Korea's fiscal deficit surpasses 4% of GDP due to 30 trillion won tax shortfall, challenging government's fiscal rule and limiting supplementary budget resources
#YonhapInfomax #FiscalDeficit #TaxRevenueShortfall #GDPRatio #FiscalRule #SupplementaryBudget #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57670
Government's Fiscal Deficit Exceeds 4% of GDP Amid 30 Trillion Won Tax Revenue Shortfall

South Korea's fiscal deficit surpasses 4% of GDP due to 30 trillion won tax shortfall, challenging government's fiscal rule and limiting supplementary budget resources

Yonhap Infomax
Yonhap Infomax NewsApr 8, 2025
South Korea's managed fiscal balance deficit hit 104.8 trillion won in 2023, exceeding 4% of GDP and missing the government's 3% target, amid tax revenue shortfalls and increased welfare spending.
#YonhapInfomax #ManagedFiscalBalance #FiscalDeficit #GDPRatio #FiscalRule #NationalDebt #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57669
Last Year's Fiscal Deficit Reaches 104 Trillion Won, 4.1% of GDP - '3% or Less' Target Missed Again

South Korea's managed fiscal balance deficit hit 104.8 trillion won in 2023, exceeding 4% of GDP and missing the government's 3% target, amid tax revenue shortfalls and increased welfare spending.

Yonhap Infomax