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Korea’s total debt tops 6,500 trillion won
South Korea’s total national debt—combining government, household, and corporate liabilities—surpassed 6,500 trillion won for the first time on record, with government debt showing the fastest growth. According to the Bank for International Settlements (BIS) on March 23, the country’s non-financial sector credit reached 6,500.58 trillion won as of the third quarter of last year. [...]