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Business

South Korea starts 2026 with 11.3 trillion won surplus

ceylonherald.comMarch 16, 2026March 17, 2026
March 16, 2026March 17, 2026
SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax...
Asia economybudget surplusconsolidated fiscal balancecontent syndication servicescryptowireeurowirefiscal balancefiscal surplusgovernment spendingincome taxjanuary 2026january tax revenuekorean economykosdaqlunar new year effectmanaged fiscal balancemena newswireministry of economy and financenational budgetpublic financerevenue growthsecurities transaction taxSeoulSouth Koreastate financestax revenuevalue-added taxvatwelfare payments

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