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NABO in the Press

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Drastic deregulation needed to boost FDI in Korea
The Korea Herald - March 14, 2016
An analysis by an opposition lawmaker and officials at the National Assembly Budget Office last year showed actual investment by the country’s 30 largest business conglomerates increased by a mere 3.5 percent from 62.4 trillion won in 2010 to 64.6 trillion won in 2014, with their cash reserves rising by 51.5 percent, or 170.1 trillion won, to 500.2 trillion won over the cited period.
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Public calls grow for fuel tax cuts
The Korea Herald - February 23, 2016
As of December 2015, the average retail price of gasoline stood at 1,411 won, of which crude import prices took up 238 won (17 percent) and state taxes 877 won (62 percent), according to a recent report by the National Assembly Budget Office.
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Korea's corporate debt ratio highest among emerging economies
The Korea Times - February 19, 2016
The National Assembly Budget Office released the report, "Checking risk factors of Korean economy in 2016," Wednesday. It is based on the U.S. Treasury Department's 2015 report on financial stability, which surveyed Korea, China, Chile, Thailand, Turkey, India, Brazil, South African Republic, Russia, Mexico and Indonesia.
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Korea's national debt tops US$500 billion for first time
Arirang TV - February 16, 2016
South Korea's national debt has exceeded the five-hundred billion U.S. dollar mark for the first time.
 According to data released by the National Assembly Budget Office the country's debt ticked past the half-a-trillion dollar mark on Friday night.

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KERI cuts S. Korea’s growth forecast on sluggish exports
MK News - October 30, 2015

According to the country’s central bank, South Korea's exports continue the downhill trend year-on-year for 11 consecutive months since August 2014. During the January-July period, exports plunged 10.6 percent from a year earlier. Sagging exports pushed down the nation’s economic growth rate in the first half by 0.9 percent, the National Assembly Budget Office said on September 21

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