By November of last year, the national budget deficit was 81 trillion...the third-largest scale ever

From January to November last year, the deficit of national living exceeded 80 trillion won, the third deficit ever.

The Ministry of Strategy and Finance said that as of the end of November last year, the managed fiscal balance, which represents the government's actual fiscal status, was 81.3 trillion won, 16.4 trillion won more than the same period a year ago.

Accordingly, until November last year, the managed fiscal deficit was the third largest ever after 98.3 trillion won in 2020 and 98 trillion won in 2022.

The government's forecast for last year's managed fiscal deficit was 91.6 trillion won.

Until November last year, national tax revenue was 315.7 trillion won, down 8.5 trillion won from the same period a year ago due to low corporate tax revenue.

Among non-tax revenues, fund revenues surged by 20 trillion won from a year ago due to the increase in the National Pension Service's investment in overseas stocks.

As of the end of November, the balance of national debt was KRW 119.5 trillion, up KRW 4 trillion from a month ago.

The government expects the central government's annual debt to be below the expected KRW 1,163 trillion.

Last year, the annual issuance of treasury bonds was 157.7 trillion won, 99.5% of the total annual issuance limit.