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koreatimes.co.kr

Korea's fiscal balance improves through September: budget ministry

Korea's fiscal balance improved in the first nine months of 2026 from a year earlier, helped by increased tax revenue on the back of strong corporate earnings, the budget ministry said Thursday. The managed fiscal balance, a key gauge of fiscal health calculated under stricter criteria, posted a deficit of 32 trillion won ($23.9 billion) as of the end of September, according to the Ministry of Planning and Budget, marking an improvement of 70.5 trillion won from the same…

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