Economy Politics Country 2026-03-15T10:14:35+00:00

South Korea Records Record Budget Surplus

South Korea's Ministry of Budget announced a budget surplus of over 11 trillion won in January. Success is due to increased tax revenues despite higher spending. Further improvements are expected.


South Korea Records Record Budget Surplus

South Korea's Ministry of Budget announced a budget surplus of over 11 trillion won ($7.43 billion) in January. This was achieved due to increased tax revenues despite higher spending compared to the previous year. The ministry noted that the positive trend continues and expects further improvements in the coming months. Experts attribute the success to the government's effective economic policies and stable development of key industries.