A minister's message
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A minister's message

Published: 21 Apr. 2026, 18:36
Park Hong-keun, minister of planning and budget, speaks at a briefing with reporters at the Government Complex Sejong on April 21. [YONHAP]

Park Hong-keun, minister of planning and budget, speaks at a briefing with reporters at the Government Complex Sejong on April 21. [YONHAP]

 
Park Hong-keun, minister of planning and budget, speaks at a briefing with reporters at the Government Complex Sejong on April 21.
 
The minister stated that Korea’s debt-to-GDP ratio remains ″significantly lower″ than that of major economies, contesting the International Monetary Fund's warning about the country's rising debt levels. 
 
Regarding the possibility of a second supplementary budget, he downplayed the likelihood, noting that the first supplementary budget has only just been put forward.
tags Korea budget economy

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