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South Korea's Fiscal Deficit Hits 54.2 Trillion Won Through May 2026

2026-07-09 01:09:35

According to South Korea's Ministry of Economy and Finance announced July 9, the country's managed fiscal deficit reached 54.2 trillion won through May 2026, matching the prior-year period. Total government revenue for January-May stood at 330 trillion won, up 50.2 trillion won year-over-year, while central government debt rose 23.6 trillion won to 1,345.2 trillion won in May.

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