逍遥法外电影大尺度未删减,伊人天堂网,蜜桃臀av在线,综合网天天,老炮儿电影未删减完整版下载,国内久久精品视频,风花电影在线观看完整版

World Business

S Korea's local govt sees rise in debts on public projects

(Xinhua)
Updated: 2010-04-19 14:33
Large Medium Small

SEOUL: South Korea's local governments issued $22.9 billion worth of bonds in 2009 on expanded expenditure amid an economic downturn, the government said Monday.

Related readings:
S Korea's local govt sees rise in debts on public projects China, Japan, South Korea "closely linked in trade"
S Korea's local govt sees rise in debts on public projects S Korea raises forecast to highest in?4 yrs

According to the Ministry of Public Administration and Security data, the total of municipal bonds amounted to 25.5 trillion won ($22.9 billion) last year, up 34.1 from 19.49 trillion won in 2008.

In 2009, local governments issued 5 trillion won?worth of bonds as they launched more public construction projects for the sake of an economic revival.

The government, accordingly, plans to instruct municipal governments to watch for their fiscal soundness, the ministry said.