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A lot of words were exchanged among the candidates in the economic field, which was the topic of yesterday's (21st) debate.

Among them, the debate continued over the size of the national debt and the issue of the reserve currency in particular.

SBS fact check, in fact, the team verified the stories of the candidates.



Correspondent Lee Kyung-won.



<Reporter>



How many percent of the national debt to GDP is okay?



Candidates Jae-myung Lee and Seok-yeol Yoon continued a discussion on this issue for nearly 7 minutes.



Even considering the supplementary budget, Korea's debt-to-GDP ratio stands at 50.1%.



[Lee Jae-myung/Democratic Party Candidate: The IMF and international organizations are telling us not to keep it too low, because it is appropriate to keep it up to about 85%.]



Experts also have different opinions on the national debt ratio. First, the IMF formula mentioned by Lee I looked for the report.



In developed countries, there is a section that 85% of GDP is less risky.



Candidate Lee said that Korea also falls under this category, but many argue that it is difficult to see this figure as specifically referring to Korea.



Reports also say that there are no clear estimates of adequate debt levels.



[Yoon Seok-yeol / Candidate for Power of the People: If (debt ratio) exceeds 50-60%, it is a little difficult for a non-key currency country…

.]



In fact, the team first asked the Ministry of Strategy and Finance if there was any credible data that could be applied to Korea, and the answer came that they knew there was no such official data.



As it is a controversial topic in the academic world, it seems necessary to present a clear rationale.



[Lee Jae-myung / Democratic Party Presidential Candidate: It is very likely that we will become a key currency country soon, was there a report a few days ago?]



The Democratic Party said that it was quoting the FKI announcement, but if you look at the report at the time, the key currency, the IMF special drawing right SDR means



SDR is the right of IMF member countries to exchange for major currencies when they are short on foreign exchange, which includes the US dollar and the euro.



The FKI said that it wanted to be included here today, but experts agree that it is difficult to become a key currency used by people all over the world because the proportion of transactions in won is so insignificant.



[Yoon Seok-yeol/People's Power Presidential Candidate: Have you ever thought about what happens when government bonds increase, bringing confusion between the real world and finance?]



It is true that a surge in national debt can damage the economy, but "Korea is still healthy. "It is also necessary to consider the opinion of the IMF, which is ordering fiscal expansion.



(Video editing: Choi Jin-hwa, CG: Jeon-ri)



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