
South Korea's public sector debt amounted to more than 820 trillion won (US$768.9 billion) in 2012, government data showed Friday, renewing worries over the financial health of public organizations. According to the data provided by the finance ministry, the public sector debt owed by central and provincial governments and non-financial state-run enterprises came to 821.1 trillion won as of end-2012. The amount represents 64.5 percent of the country's gross domestic product.
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