News Briefing
Economic News Briefing
Dec 2016
1. 2017 budget approved at the National Assembly
2. Government to frontload 68% of budget in first half of 2017
3. Korea grows 0.6% in Q3 (preliminary)
4. External debt rises to US $400.4 bn in Q3
5. Economy picks up in 2018 according to the OECD
6. Daily transactions in won-yuan direct trading market average US $2 bn
7. Korea tops ICT Development Index for second consecutive year
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