S. Korea’s debt-to-GDP ratio projected to reach 60 pc by 2030
Seoul, April 12 (IANS) South Korea’s national debt is projected to approach 60 per cent of its gross domestic product (GDP) by 2030, government data showed on Sunday, with the pace of increase widely expected to accelerate amid slowing growth and growing fiscal burdens. The country’s debt-to-GDP ratio stood at 49 percent last year, up […]
