Arab Today, arab today seoul to achieve fiscal balance before park leaves office
Last Updated : GMT 13:27:39
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Seoul to achieve fiscal balance before Park leaves office

Arab Today, arab today

Arab Today, arab today Seoul to achieve fiscal balance before Park leaves office

Seoul - Yonhap

South Korea will aim to reach a fiscal balance by the end of President Park Geun-hye's term by tightening its spending and expanding the revenue base through diverse reform measures, the finance ministry said Thursday. The government will also seek to keep the country's debt at below 35 percent of gross domestic product (GDP) as part of efforts to improve its overall fiscal soundness, the ministry said.

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