The government temporarily borrowed 173 trillion won from the central bank last year...Interest burden alone is 200 billion won.

Last year, the government borrowed more than 170 trillion won from the Bank of Korea due to lack of tax revenue.

According to the data submitted by the central bank to Rep. Lim Kwang-hyun of the main opposition Democratic Party of Korea, the government temporarily borrowed 173 trillion won from the central bank last year.I paid back 172 trillion won.

This is the largest cumulative loan since 2011 when related statistics were compiled.

As a result, the amount of interest also reached 292 billion won, the highest ever.

Rep. Lim Kwang-hyun stressed that the government's temporary borrowing from the central bank is becoming a chronic means of financing due to tax cuts and economic slowdown, and that fiscal policies to overcome it are urgent.

The Bank of Korea's temporary loan system is a means used by the government to make up for temporary funding shortages caused by time lag between revenues and expenditures, like individuals' negative bank accounts.