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The National Assembly Budget Office has released a medium-term fiscal outlook estimating that the national debt from 965.9 trillion won this year will surge to 2198.8 trillion won by 2030, and it will be 1,870 trillion won nine years later. The National Assembly's Office of National Assembly announced on the 2nd in the '2021-2030 Medium-Term Fiscal Prospect' report that if the tax burden ratio (..

In October, imports increased 37.8% YoY, exports rose 24%, and the Consumer Price Index rose 3.2%. Imports increased for 11 consecutive months, mainly raw materials and intermediate goods due to government-supported stimulation of domestic demand and brisk exports. Petroleum (26.5%), diesel (30.7%), and LPG for automobiles (27.2%) rose 27.3% due to the rise in international oil prices. The rate ..