S. Korea’s National Debt to Jump Over Next 4 Years

SEOUL, Oct. 19 (Korea Bizwire) — South Korea’s national debt is expected to soar over the next four years, which may have a negative impact on the country’s creditworthiness, a report said Monday. In particular, Seoul’s interest-bearing state debt is likely to rocket nearly 78 percent over the period based on the government’s 2020-24 fiscal [...]