Outstanding government bonds surpass $490 billion: KFIA

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The outstanding bonds from the government's financing have surpassed 500 trillion won,... that's about 490 billion U.S. dollars,... for the first time ever. As of last Thursday,... the Korea Financial Investment Association says... the amount of bonds issued by the government this year stood at 95 billion dollars -- a 20 percent jump from the same period last year. This means... the amount of debt future generations will eventually have to pay in taxes... has increased. In the face of the global financial crisis,... bonds issued by the Korean government hiked drastically from 2008 to 2009... from 58 billion dollars to 92 billion. The figure contracted in 2010, but went back up in 2011 following the eurozone crisis... and has been on a steady rise since then.

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00:27:12

[LIVE] 12:00 ARIRANG NEWS (2024-06-05)

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00:24:21

[LIVE] 21:00 ARIRANG NEWS (2024-06-04)

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00:03:38

Korea-Africa Summit: Yoon starts his biggest multilateral summit with economic cooperation as aim

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1K views 2 years ago

,한아프리카 정상회의 개막 '함께 만드는 미래' We begin with the Korea-Africa Summit that has kicked off here in South Korea. The first summit of its kind has been much anticipated so let's go straight to our Kim Do-yeon who's covering at the spot. Do-yeon, what are we expecting right now? Dami, good morning African leaders have been arriving one by one here and things are just getting started. Now we've been reporting this over and over, but this is the biggest multilateral summit that the Yoon Administration has ever hosted here in South Korea with 48 countries participating plus many organizations representing Africa. Arrivals and greetings took one hour and for the media as well the security around this venue is very tight at the moment. Now just a few moments ago the opening ceremony began and the leaders will go into the morning discussion session. Which will be followed by a luncheon, afternoon discussion, a closing ceremony, and a joint press conference. As a reminder this Summit's theme is “The Future We Make Together: Shared Growth, Sustainability, and Solidarity.” Yoon is also hoping that the summit will enhance cooperation with African nations that are rich in critical minerals and boost trade ties with them. The first official event-wide engagement was last night at the welcoming dinner banquet. How did that unfold? That's right, President Yoon hosted a dinner for all 48 participating nations at Seoul's Shilla Hotel last night. Taking the podium President Yoon's remarks which kicked the Summit off focused on being good partners. He said three things made South Korea's fast economic growth possible: visionary leaders, courageous businesses, and hard-working citizens and that the nation is ready to share its experience with its African Partners. Take a listen. He also pointed to similarities between the culture of Korea and parts of Africa and gave Kenya's national motto "Harambe" a Swahili word meaning 'all pull together' as an example. Yoon said that is a sentiment deeply rooted in South Korean society as well. Mohamed Ould Cheikh El Ghazouani the President of Mauritania who also serves as the chair of the African Union replied in his remarks that he has high hopes for cooperation, which will also tackle global challenges together. There were performances that mixed cultures and the meal was also a fusion of Korean and African dishes. Now, President Yoon has had a busy few days including yesterday when he greeted the leaders in the country. Tell us more about that. That's right he met with 10 leaders yesterday as is customary, including leaders of Lesotho, Cote d'Ivoire, Rwanda, and Cabo Verde. Yoon told the leaders that he hopes the Summit will contribute to mutual growth by strengthening tailored, mutually beneficial cooperation in various fields such as energy, infrastructure, critical minerals, and agriculture. African leaders spoke of their interest in cooperation with South Korea as it is a tech powerhouse. Now, these greetings will continue over the next couple of days as there are around 30 heads of state to see out of the 48 visiting nations. Dami. That was our Kim Do-yeon reporting from the summit site. #KOREA_AFRICA_SUMMIT #African_Nations #YoonSukyeol #SouthKorea #multilateral_summit #African_leaders #한아프리카_정상회의 #윤석열 #Arirang_News #아리랑뉴스 ? Facebook : https://www.facebook.com/arirangtvnews ? Twitter : https://twitter.com/arirangtvnews ? Homepage : https://arirang.com/ 2024-06-04, 09:00 (KST)

00:25:29

[LIVE] NEWSCENTER (2024-06-03)

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00:02:05

Every administrative division in S. Korea to see natural decline in population from 2045

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470 views 2 years ago

,2045년부터 세종 포함 모든 시도 출생아, 사망자로 자연감소 전망 There's another grim population forecast, this time, indicating all regions in the country will start to see the number of deaths exceed that of births in about two decades. Park Kun-woo has more. The population in all of the 17 administrative divisions in South Korea is expected to see a natural decline with the number of deaths exceeding that of births from the year 2045. Already, 16 of the 17 divisions are seeing a natural decline. That's according to the "Population Estimates: 2022 to 2052" data released by Statistics Korea on Tuesday. Currently, Sejong city was the only one out of the 17 administrative divisions that saw a natural increase in its population in 2022. But according to estimates, even Sejong will see a natural decrease in its population in around 20 years' time. It is estimated that the number of newborns there will stay at around three to four-thousand a year until 2052 but death figures will soar up to 5-thousand a year. And all the other 16 administrative divisions will see natural decreases in their population as well. Also in 2052, all of the country's administrative divisions apart from Sejong City and Gyeonggi-do Province will see their total population fall compared to 2022, with Sejong and Gyeonggi-do seeing an inflow from other regions. The working population aged 15 to 64 will also decrease by 2052 in all administrative divisions except for Sejong due to the continuous low birth rate. Ulsan city, in the southeast of the country, is expected to see its workforce shrink from 810-thousand in 2022 to 410-thousand in 2052, which is almost a 50 percent decrease. And every part of the country will be seeing increases in the proportion of people aged 65 and over. In 2052, that age group will account for nearly half of the total population in Jeollanam-do Province and Gyeongsangbuk-do Province. The age group is expected to account for over 45 percent of the total population in Gyeongsangnam-do and Gangwon-do provinces. Park Kun-woo, Arirang News. #SouthKorea #Birth #Death #Population #Population_decline #출생아 #사망자 #인구 #인구_감소 #자연_감소 #Arirang_News #아리랑뉴스 ? Facebook : https://www.facebook.com/arirangtvnews ? Twitter : https://twitter.com/arirangtvnews ? Homepage : https://v2.arirang.com/ 2024-05-28, 18:00 (KST)

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