Arab Today, arab today finance minister stresses fiscal soundness
Last Updated : GMT 05:27:22
Arab Today, arab today
Arab Today, arab today

Finance minister stresses fiscal soundness

Arab Today, arab today

Arab Today, arab today Finance minister stresses fiscal soundness

Seoul - Yonhap

South Korea should strengthen its fiscal health to brace for growing welfare demand from the nation\'s fast-aging population and protracted low birth rates, the top economic policymaker said Monday. \"Low birth rates and aging population could result in decreasing the number of economically active people and hiking welfare spending, all of which could undercut the nation\'s growth potential and worsen its fiscal status,\" Finance Minister Bahk Jae-wan told a gathering in Seoul.  

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