Finance minister stresses fiscal soundness
Seoul - Yonhap
South Korea should strengthen its fiscal health to brace for growing welfare demand from the nation's fast-aging population and protracted low birth rates, the top economic policymaker said Monday. "Low birth rates and aging population could result in decreasing the number of economically active people and hiking welfare spending, all of which could undercut the nation's growth potential and worsen its fiscal status," Finance Minister Bahk Jae-wan told a gathering in Seoul.
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The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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