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S. Korea: Gov't to Rein in Bond Issuance by Indebted Public Organizations |
| Source: |
english.yonhapnews.co.kr |
| Source Date: |
Thursday, September 25, 2014 |
| Focus: |
ICT for MDGs
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| Country: |
Korea (Republic of) |
| Created: |
Sep 30, 2014 |
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The government plans to restrict the amount of bonds that debt-ridden public organizations can issue as part of efforts to bring their debt problems under control, the finance ministry said Thursday.
A ceiling will be imposed on the amount of bonds issued for 16 public entities who are under close state monitoring for their high debts, according to the ministry.
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S. Korea: Gov't to Rein in Bond Issuance by Indebted Public Organizations The government plans to restrict the amount of bonds that debt-ridden public organizations can issue as part of efforts to bring their debt problems under control the finance ministry said Thursday
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