<Anchor> The



government budget was set at about 556 trillion won.

The problem is that while the money to spend has increased, tax revenues decrease because the economy has contracted.

It is said that Narat debt will increase, and the national debt is expected to reach 945 trillion won.



This is reporter Hwa Kang-yoon.



<Reporter>



Next year, we plan to print a record deficit of about 90 trillion won in government bonds.



Accordingly, the ratio of national debt to GDP and gross domestic product from 38.1% at the end of last year will rise sharply to 46.7% next year.



This trend is expected to exceed 50% in 2022 and close to 60% in 2024.



[Hong Nam-ki/Deputy Prime Minister of Economy: In the current quarantine and economic wartime situation, it is important to faithfully fulfill the role required for finance, even with temporary debts and deficits...

.] As it is an



unprecedented crisis situation, it is an incentive to recover the economy even at the expense of national debt and deficit, but many point out that it is a problem that the rate of debt growth is too fast.



[Park Jung-su / Ewha Womans University Public Administration Professor: It is already fully'll go take a jump up one (jump right) trendline, the national debt level in the medium-term plan can give a very wrong signal]



Korea, center opening to the outside world high exports As it is a country, there are many opinions that it is necessary to consider external credibility.



The situation is different from the US, Japan, and Europe, where the national debt ratio is high.



[Hong Woo-hyung/Hansung University Economics Professor: Keynote: Actually, even if I have a lot of debt, I can bear it a little, but in the case of Korea, I can't do that.

If you say'Give me in dollars', no matter how much money you print (only the value of the won will decrease)] If the



national debt ratio exceeds 46% by 2023, it can act as a downward pressure on the national credit rating.



Many point out that discussions on general tax increases are necessary to raise welfare levels while maintaining fiscal soundness, but there is no direct discussion yet.



In order to maintain fiscal soundness, the need for a “financial rule” that sets an appropriate national debt ratio in advance has also grown, but it is pointed out that the government only emphasizes the flexibility of the rule.



(Video coverage: Kim Min-cheol, video editing: Kim Jong-tae) 



▶ “Crisis Overcome” will take the deficit and release 556 trillion won next year