South Korea's Ministry of Finance announced on Saturday that the country's fiscal deficit exceeded 102 trillion won ($69.4 billion) in the first nine months of the current year 2025. This figure indicates growing financial challenges in the nation. Officials note that the deficit is linked to increased spending on social programs and infrastructure projects. Experts warn of the need to revise fiscal policy to stabilize the economic situation.
South Korea's Fiscal Deficit Exceeds 102 Trillion Won
South Korea's Ministry of Finance reported a budget deficit of 102 trillion won in the first nine months of 2025, driven by increased social spending.