Arab Today, arab today s korea\s fiscal deficit narrows in first 7 months
Last Updated : GMT 21:53:08
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S. Korea\'s fiscal deficit narrows in first 7 months

Arab Today, arab today

Arab Today, arab today S. Korea\'s fiscal deficit narrows in first 7 months

Seoul - Yonhap

South Korea\'s fiscal deficit narrowed during the first seven months of this year as the government is seeking to achieve a balanced budget amid worries that fiscal debt could weigh on the nation\'s growth potential, the finance ministry said Wednesday. According to the ministry, the nation\'s fiscal deficit excluding welfare and public fund operations came to 11.9 trillion won (US$10 billion) during the January-July period, down 9 trillion won from the same period a year earlier.

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