S. Korea's debt-to-GDP ratio projected to reach 60 pct by 2030 amid slower growth
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Source: South Korea
Published: 2026-04-12 11:19 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Asia, South Korea, Economy & Finance, Tax & Budget, Business & Economy, Asia Pacific
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Snippet:
SEOUL, April 12 (Yonhap) -- South Korea's national debt is projected to approach 60 percent of its gross domestic product (GDP) by 2030, government data showed Sunday, with the pace of increase widely expected to accelerate amid slowing growth and growing fiscal burdens.
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