National Debt Interest Payment Rises to 21 Tril. Won

SEOUL, Oct. 8 (Korea Bizwire) – The interest payment on Korea’s national debt is estimated to reach 21 trillion won (US$19.6 billion) this year, the first time in history to surpass the 20-trillion-won level. This is the burden of about 420,000 won ($391) per person from a newborn baby to a 90-year-old retiree.  According to [...]