BRIEF

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Economy  ·  6 days ago

OECD urges fiscal discipline for Korea

The OECD has issued a warning to South Korea, urging stronger fiscal discipline to manage pressures from a rapidly aging population. Officials, including those in the Yoon Suk-yeol administration, are reviewing strategies to maintain economic sustainability amidst demographic shifts. The report suggests that structural reforms are necessary to address long-term budget burdens.

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