Ministry of Economy and Finance News

South Korea Announces Historic Won-Denominated Forex Stabilization Bonds After 22 Years

South Korea plans to issue won-denominated foreign exchange stabilization bonds for the first time in 22 years, starting January. This move aims to stabilize the won-dollar exchang...

South Korea's Public Debt Surges: A Closer Look at the Economic Implications

South Korea's public sector debt exceeds 1,670 trillion won, nearly 70% of GDP, with general government debt ratio surpassing 50% for the first time. The rate of debt increase has ...

Choi Sang-mok: The Crucial Role of Managing South Korea's External Credibility

Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok convened an expanded executive meeting at the Government Complex Seoul on December 9, focusing on managing S...