South Korea's finance ministry unveiled reforms to block fire-sale of state assets, mandating stricter oversight and National Assembly reporting for large transactions, amid ongoing probes into alleged undervalued sales under the previous administration.
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South Korea's Deputy Prime Minister Gu Yoon-cheol announced plans to finalize reforms for state asset sales by mid-December, aiming to ensure transparency and fair value, while projecting 0.9% GDP growth for 2025 amid resilient consumer sentiment.
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Gu Yoon-cheol - 'Plan to Improve State Asset Sale System to Be Finalized by Early to Mid-December'

South Korea's Deputy Prime Minister Gu Yoon-cheol announced plans to finalize reforms for state asset sales by mid-December, aiming to ensure transparency and fair value, while projecting 0.9% GDP growth for 2025 amid resilient consumer sentiment.

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