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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, O3 2020 (November 20)

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

20th Meeting of Central Economic Response Headquarters (November 19)

DPM Hong presided over the 20th Meeting of the Central Economic Response Headquarters to discuss plans to promote an untact economy.

MOEF

Extraordinary G20 Finance Ministers Meeting (November 14)

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

FSC Designates 5 More ‘Innovative Financial Services’ for Regulatory Sandbox (November 19)

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

Government to Increase IPO Shares Available for Retail Investors (November 18)

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

Government Lowers Statutory Cap on Lending Rates to Reduce Debt Burden on Low-income Borrowers (November 16)

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

Producer Price Index, October 2020 (November 20)

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

International Investment Position, September 2020 (November 19)

As of the end of September 2020, Korea’s net international investment position (net IIP) was $553.1 billion.


Announcement On Upcoming Releases

MOEF

  • KTB Issuance Plan, December 2020 (November 26)

BOK

  • Consumer Survey, November 2020 (November 24)
  • Household Credits, Q3 2020 (November 24)
  • Monetary Policy Decision, November 2020 (November 26)
  • Economic Outlook, November 2020 (November 26)
Each institution is responsible for the information it provides in the bulletin.

Ministry of Economy and Finance
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