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S. KOREA RETRIEVES 47% OF STATE BAILOUT FUNDS AFTER 1997 CRISIS.

Publication: AsiaPulse News

Publication Date: 29-MAY-06
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COPYRIGHT 2006 Asia Pulse Pty Ltd

SEOUL, May 29 Asia Pulse - South Korea has recovered about 47 per cent of the 168 trillion won (US$177 billion) of government funds poured into the country's shaky financial industry in the wake of the 1997-98 Asian currency crisis, the Finance Ministry said Monday.

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