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South Korea fiscal deficit narrows to 8-year low through August
Yonhap ENSRC LO·KR·1 day ago
Prime Minister Davis announced a $39.3m fiscal surplus for FY2025/26, the first since independence. This marks a reversal from chronic deficits, signaling improved fiscal management, though the surplus is modest relative to GDP. The development is politically significant domestically but has limited direct market impact.