Closing the Books: Korea to Pay Off Last Financial-Crisis Debt After 30 Years
6 Articles
6 Articles
(Seoul = Yonhap News) Reporter Hwang Yun-gi = President Lee Jae-myung expressed gratitude to the people on the 3rd, saying, "I am repaying the last debt of the foreign exchange crisis for the first time in 30 years."
On the 3rd, President Lee Jae-myung mentioned that the government's share of the public funds injected to overcome the foreign exchange crisis will be repaid for the last time next year, stating, "We are able to bring this to a close thanks to the people who have consistently worked hard for 30 years." On that day, President Lee wrote a post on social media platform X (formerly Twitter) titled "Repaying the Last Debt of the Foreign Exchange Cris…
President Lee Jae-myung personally announced on the 3rd that the repayment of public funds injected during the 1997 foreign exchange crisis is scheduled to be fully completed through the compilation of next year's budget. On that day, President Lee posted a message on X (formerly Twitter) titled "After 30 Years, Repaying the Last Debt of the Foreign Exchange Crisis," announcing, "The repayment of public funds, which were established to prevent …
President Lee Jae-myung expressed his gratitude to the people, announcing that the repayment of public funds injected during the 1997 financial crisis will be completed with next year's budget. On the 3rd, President Lee stated via his X (formerly Twitter), “After 30 years, we are repaying the last debt of the financial crisis,” adding, “During the country’s most difficult moment…”
On the 3rd, President Lee Jae-myung said about the fact that all public fund-related debts invested in financial company restructuring during the 1997 foreign exchange crisis will be repaid at the end of next year's budget, “After 30 years.
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