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S. KOREA'S NATIONAL DEBT TO GROW 4.2 PCT THIS YEAR.

AsiaPulse News

| October 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Oct 1 (Asia Pulse - South Korea's national debt is expected to grow 4.2 per cent this year, mainly due to an overall increase in the issuance of state bonds, the government said Wednesday.

State liabilities will amount to 311.6 trillion won (US$259 billion) this year, an increase of 12.7 trillion won from 298.9 trillion won a year ago, according to the Ministry of Strategy and Finance.

The 2008 government debt will account ...

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