‘Tremendous Achievement’? Controversy Over Analysis Exaggerating the Effects of the Korail-SR Merger

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In the mid-to-long-term financial plan submitted by Korail, a turnaround to profitability was projected starting in 2029 following the merger; however, criticism was raised that the plan excessively reflected the early termination of fare discounts and uncertain profits from the Yongsan development. The National Assembly Budget Office questioned the reliability of the financial plan, forecasting a deficit of 48.7 billion won over five years in t…