S. Korea's debt reaches USD 463.5bn in Nov


(MENAFN) S. Korea's central government budget reached USD 463.5bn in Nov as Seoul emphasized more state bonds to cover its outlay.

Moreover, the whole which covers Treasurys and housing bonds introduce a USD 0.048tr increase from USD 0.41tr tallied for 2014.

"While numbers have been moving up on the whole, numbers for November do not fully reflect debt levels because it is not a month when Seoul repays its debts," said finance ministry.

The country's debt has been increasing fast in current years, having surpassed the USD 0.41tr mark in July 2014.


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