South Korea’s fiscal deficit reached over 100 trillion won ($83 billion), while national debt logged a deficit of 240 trillion won, as the country was bogged down by COVID-19 woes in the past two years, data from the Finance Ministry showed Sunday.
South Korea s ruling Democratic Party (DP) on Saturday unilaterally passed a 14 trillion won ($11 billion) extra budget bill aimed at supporting small businesses hit by Covid-19 curbs through the parliamentary budget committee.The passage drew .