S. Korea to face growing debts due to aging population
Seoul - Yonhap
South Korea's national debt could multiply to more than four times its current level in less than four decades due to the country's fast-increasing aged or retired population, unless the government overhauls both its welfare and taxation systems, a government advisory committee said Wednesday. In 2010, the government recorded a deficit of 1.1 percent of the country's gross domestic product (GDP), according to the government financial policy advisory committee.
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Moscow - TASS
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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