Supplementary Budget 5

Decline in investment Decrease in manufacturing shipments Increase in inventories Decrease in consumption

As the government and chaebols increase their dependence on US investment in the domestic economy, where investment is sharply declining, the economic slowdown continues, in which manufacturing shipments decrease and inventories rise. Manufacturing shipments in April fell 2.3% MoM, while the manufacturing inventory ratio rose 2.8%P MoM to 117.2%. In April, facility investment plummeted by 7.5% (..

카테고리 없음 2022.05.31

Korea's trade deficit presses interest rates on rising US inflation and unemployment

In the United States, the producer price index (PPI) rose 9.7% in December (compared to the previous year), and unemployment insurance claims in the first week of January increased by 23,000 from the previous week to 230,000. The U.S. Department of Labor announced on the 12th that the consumer price index (CPI) for December last year was 7%, the highest since 1982. The US CPI was 6.8% in Novembe..

카테고리 없음 2022.01.14

Ranked 4th in arms investment with twin deficits, 20% tax revenue error

With a trade deficit of $590 million in December of last year and a cumulative deficit of $1.93 billion at the end of October, the country created a twin deficit system, ranking fourth in defense technology investment. The Defense Technology Promotion Research Institute's '2021 National Defense Science and Technology Level Survey' announced on the 10th that Korea ranked fourth in defense R&D inv..

카테고리 없음 2022.01.10

President Moon’s ‘expansion finance to distribute income’, Ministry of Employment and Labor ‘1/3 reduction/improvement’

President Moon Jae-in said at the cabinet meeting on the 6th that the 'expansion fiscal policy' was "a significant contribution to easing the income gap, improving distribution and increasing the growth rate", but the Ministry of Employment and Labor reported on the 5th that it was a third of last year's fiscal job project, which was 33 trillion won. It was negatively evaluated that this improve..

카테고리 없음 2021.07.06

115 trillion additional budget for fiscal expansion against interest rate rise, stiffening expenses

An additional budget of 115 trillion won is put into operation due to the expansion of the money supply in preparation for a rise in interest rates. Following the 67 trillion won last year, the 15 trillion won in March this year, the 115 trillion won supplementary budget was put into the 33 trillion won supplementary budget in June to stimulate domestic demand, and it was packaged as a rigid exp..

카테고리 없음 2021.06.29