National Debt 16

Start of trade deficit High price system with fiscal deficit and twin deficit

The trade deficit started, and the high price system started from the twin deficit. As of August 20, the Korea Customs Service recorded a trade deficit of $3.5 billion with exports of $32.2 billion and imports of $35.8 billion, up 40.9% ($9.36 billion) and 52.1% ($12.25 billion), respectively, from the same period of the previous year. This year's annual exports are 390.9 billion dollars and imp..

카테고리 없음 2021.08.23

'Signal' for economic downturn as foreigner concentrated selling to Samsung on V rebound

Foreigners' intensive selling of semiconductors, the main driver of the Corona V rebound, has begun to signal the economic downturn. Prior to a foreign securities company's notice of a downgrade of Korean semiconductors, the DRAM spot price was $4.23 yesterday (12th), down after $4.86 on the 8th of last month. The continued decline in DRAM spot prices seems to mean that the surge in IT demand, w..

카테고리 없음 2021.08.13

SMEs decline due to economic stimulus led by high-priced apartments

The share of small and medium-sized enterprises (SMEs) in exports plummeted as the surge in securities transactions and the transfer of high-priced apartments led to economic stimulus. Securities transaction value in the first quarter of this year was KRW 2.1 trillion, a 116% increase from the previous year. Securities transaction tax 2 trillion won Inheritance tax (contingent tax) increased by ..

카테고리 없음 2021.06.08

State debt surged by 17%, fiscal deficit “worst” Government “good for 10 years”

Contrary to last year's estimate of -3% of GDP by the OECD due to the rapid increase in fiscal deficit, the combined fiscal budget was -3.7%, and the real fiscal deficit was doubled to -5.9%, which was the worst. As the national debt surged 17% (123.7 trillion won) last year to 846 trillion won, the government put the average of the past 10 years ahead, saying, “The increase rate of government d..

카테고리 없음 2021.04.06

Financial expansion of 100 trillion 20% over two years and a new tax at 3% growth rate

The government's fiscal expenditure increased by 9.5% in total expenditure from 2019, increased by 100 trillion won for two years with a continuous expansion of 9.1% in 2020 and 11.9% in 2021, a 20% increase from 500 trillion won in 2020 to 600 trillion won in 2022. The economic growth rate rose 0.2% from –1% of GDP last year to 3.6%, with the government 3.2% this year, the Bank of Korea 3%, and..

카테고리 없음 2021.03.30

Fiscal deficit concentrated on semiconductors by expanding national debt and exporting

It increased from 98% of vehicle semiconductor imports, and the export economy pattern driven by the state debt appeared for the second year due to the investment of 200 billion won in finances. In the export economy driven by the increase in national debt, semiconductor exports increased 25.2% compared to March 10 last year, and semiconductor imports increased 22.8%, resulting in a trade defici..

카테고리 없음 2021.03.12