MOEF
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
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
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
The government announced on May 20 its plans to create a KRW10 trillion special purpose vehicle to buy corporate bonds and commercial papers.
FSC
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
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
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
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
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.
National Symbols of the Republic of Korea
