S. Korea’s National Debt up 39 Tln Won in 2014

SEOUL, April 7 (Korea Bizwire) — South Korea’s national debt rose by 39 trillion won (US$35.9 billion) in 2014 from a year earlier as the government engaged in expansionary spending to prop up the weak economy, the finance ministry said Tuesday. According to the 2014 settlement of accounts, the national debt that covers the central [...]