Gov’t to Lower Public Firms’ Debt Ratio to 150 Pct by 2020

SEJONG, Sept. 1 (Korea Bizwire) – The South Korean government will reduce the debt ratio of public corporations to around 150 percent by 2020 as part of its efforts to improve the balance sheets of state-funded agencies, the finance ministry said Thursday.  Under a long-term financial management plan, 39 public firms, including the Korea Gas [...]