<Anchor> The



government is responding to the corona economic crisis by actively releasing its finances this year.

While the fiscal role is important, it is undeniable that the rate of increase in national debt is too fast.

So, the government has announced the'Korean fiscal rules, but there are criticisms that it will be'exist but mana'.



This is reporter Deokki Yoo.



<Reporter>



The core of the fiscal rules announced by the government is that the ratio of national debt to GDP will be managed within 60% and the integrated fiscal balance deficit will be within 3%.



[Hong Nam-ki/Deputy Prime Minister of Economy: Change in demographic structure and progress in welfare maturity such as low birth rate and fastest aging…

Managing financial soundness and accumulating financial capacity are essential.]



Exceptions are wide.



In situations such as economic crisis, the application of the rules can be exempted, and if it is judged that the economy is slowing, the integrated fiscal balance deficit is tolerated up to 4% for up to 3 years.



Criticism came out of the lack of effectiveness to prevent the deterioration of the financial soundness right now.



Even if only one of them falls below the standard, it is loose to regard it as following the rules.



[Professor Kim Woo-cheol/Seoul City University Department of Taxation (Former Special Committee on Finance): I would argue that there is an advantage in flexible and flexible operation, but the opaque operation of the fiscal rules or unnecessary controversy, loss of trust (may cause)]



'Economic crisis' There is room for arbitrary judgment because the definition of “economic slowdown” is not clear.



In particular, the decision to entrust the quantity limit to the enforcement decree rather than the national financial law and review it every five years is a big difference from the fact that advanced countries such as Germany and France are nailed to the constitution or law.



[Kim So-young/Professor of Economics, Seoul National University: It seems that if you reexamine every five years and change it again, the desired result may not come out.]



Moreover,

it will be

implemented from 2025, after the current government's term of office

.

Criticism has been raised for delaying responsibility.