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S. Korea needs to maintain fiscal soundness: minister
Date
2011.07.05
제목 없음 South Korea's top policymaker reaffirmed Tuesday that the country needs to maintain tight fiscal spending to better prepare for a spike in demand for future spending.

"Now is the important moment (for us) to secure fiscal capacity in order to brace for diverse fiscal risk factors down the road," Finance Minister Bahk Jae-wan told a government meeting held in central Seoul.

Source: Yonhap News (July 5, 2011)

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