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2019 ECONOMIC POLICIES
PRESS CENTER
PUBLIC INFORMATION
ABOUT MOEF
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Weekly Newsletter

PRESS CENTER Weekly Newsletter

Our weekly newsletter provides the latest press releases of the Ministry of Economy and Finance, the Financial Services Commission and the Bank of Korea. Sign up for our weekly newsletter and get email briefing on Korea’s latest economic policies.

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Major News & Events

MOEF

External Debt, Q1 (May 21)

Korea’s external debt amounted to US $485.8 billion as of the end of March 2020, rising US $18.8 billion from the previous quarter.

MOEF

[MOEF] 4th Meeting of Central Economic Response Headquarters (May 20)

The 4th Meeting of Central Economic Response Headquarters was held on May 20 to review plans to purchase corporate debt through SPV and ways to manage the 40 trillion won key industry relief package. Action plans for over 550,000 job creation and how to revive tourism were also discussed.

FSC

Plans to Create Key Industry Stabilization Fund (May 20)

The government announced detailed plans for the operation of the key industry stabilization fund on May 20, which is expected to be launched by the end of May.

FSC

Government to Create SPV to Support Corporate Bond and CP Markets (May 20)

The government announced on May 20 its plans to create a KRW10 trillion special purpose vehicle to buy corporate bonds and commercial papers.

FSC

Asia Region Funds Passport to Go into Effect on May 27 (May 19)

The government approved revisions to the enforcement decree of the Financial Investment Services and Capital Markets Act on May 19 for the Asia Region Funds Passport (ARFP) to go into effect on May 27.

FSC

Measures to Improve ETF and ETN markets (May 18)

The FSC announced measures to improve the exchange-traded fund (ETF) and exchange-traded note (ETN) markets on May 15 to avoid overheated investment and excessive concentration on particular investment products.

BOK

International Investment Position(End of Mar 2020) (May 21)

As of the end of March 2020, Korea’s net international investment position (net IIP) was $565.4 billion (preliminary), up $64.5 billion over the quarter (from the end of December 2019).

BOK

Producer Price Index - April 2020 (May 21)

The Producer Price Index decreased by 0.7% month-on-month in April 2020 ―in year-on-year terms it decreased by 1.5%.

BOK

Household Credits in Q1 2020 (May 20)

Total household credits outstanding increased by 11.0 trillion won in the first quarter of 2020 to stand at 1,611.3 trillion won as of end-March.


Announcement On Upcoming Releases

MOEF

  • KTB Issuance Schedule, June 2020 (May 28)
  • Monthly Industrial Statistics, April 2020 (May 29)

BOK

  • Consumer Survey for May 2020 (May 26)
  • Trade Indices & Terms of Trade Indices: April 2020 (May 26)
  • Business Survey Index(BSI) and Economic Sentiment Index(ESI) for May 2020 (May 27)
  • Interest Rates: April 2020 (May 27)
  • Monetary Policy Decision(May 28, 2020) (May 28)
  • Economic Outlook (May 2020) (May 28)
Each institution is responsible for the information it provides in the bulletin.

Ministry of Economy and Finance
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