Moody’s praises Korea’s plan to reduce national debts with excess profit from AI boom. The government expects the national debt-to-GDP ratio to decline from 51.6% in 2026 to 48.3% in 2027, before rising slightly to 49.0% by 2030 thanks to new budget plan to suppress bond issuance with excess profit from AI boom. This is a moderation from Moody’s previous 2030 projection of 59%.
2. How is this related to sub
(1) Fiscal Policy: Korean government budget policy is relatively conservative, focusing on debt reduction whenever there is surplus.
(2) AI boom: AI boom increased the tax revenue significant.
1 Comment
1. Summary
Moody’s praises Korea’s plan to reduce national debts with excess profit from AI boom. The government expects the national debt-to-GDP ratio to decline from 51.6% in 2026 to 48.3% in 2027, before rising slightly to 49.0% by 2030 thanks to new budget plan to suppress bond issuance with excess profit from AI boom. This is a moderation from Moody’s previous 2030 projection of 59%.
2. How is this related to sub
(1) Fiscal Policy: Korean government budget policy is relatively conservative, focusing on debt reduction whenever there is surplus.
(2) AI boom: AI boom increased the tax revenue significant.