MOEF
Korea’s external debt amounted to US $511.0 billion as of the end of September 2020, rising US $7.9 billion from the previous quarter.
MOEF
DPM Hong presided over the 20th Meeting of the Central Economic Response Headquarters to discuss plans to promote an untact economy.
MOEF
DPM Hong attended Extraordinary G20 Finance Ministers and Central Bank Governors’ Meeting held virtually on November 13 to accept debt framework for the poorest countries in need.
FSC
The FSC added five more financial solutions to the financial regulatory sandbox on November 19, bringing the total number of 'innovative financial services' to 120 since launching the financial regulatory sandbox program on April 1, 2019.
FSC
The government announced measures intended to ensure active participation of institutional investors and autonomy of the underwriters in an IPO process, while allowing more participation of retail investors.
FSC
The government plans to lower a statutory cap on lending rates from the current 24% to 20% to reduce debt servicing burden on low-income borrowers.
BOK
The Producer Price Index decreased by 0.5% month-on-month in October 2020 ― in year-on-year terms it decreased by 0.6%.
BOK
As of the end of September 2020, Korea’s net international investment position (net IIP) was $553.1 billion.
National Symbols of the Republic of Korea