South Korea's Finance Minister said that the original tax cut plan will be brought forward to the 17th.

(European News Agency)

[Financial Channel/Comprehensive Report] South Korean Finance Minister Chu Kyung-ho said that the South Korean government will cancel the tax revenue for foreigners investing in government bonds and currency stable bonds starting from Monday (17th).

The South Korean government has decided to bring forward the planned tax cuts from 2023 to next week in order to boost capital inflows into the country, Cho told reporters after a meeting of G20 finance ministers and central bank governors in the U.S. on Saturday night. Bond Market

Please read on...

Global index provider FTSE Russell said on Sept. 30 that it has placed South Korea on the World Government Bond Index (WGBI) watch list.

"We were placed on the WGBI watch list at the end of September, and we felt it was necessary to act quickly to attract more foreign investment into our treasury bond market," Choo said.

Master the economic pulse point with one hand, I subscribe to the free finance Youtube channel

I'm already a friend, thanks

Welcome to [Freedom Finance]

Feel good

Liked already, thank you.

related news