Ministry of Patriots and Veterans Affairs
MPVA Allocates KRW 6.658 trillion (approx. USD 5.12 billion) for the 2026 Budget
The Ministry of Patriots and Veterans Affairs (Minister Kwon Oh-eul) announced that the 2026 budget will be set at KRW 6.658 trillion (approx. USD 5.12 billion), a KRW 211.5 billion (3.3%) increase from 2025, under the theme “Special Compensation for Special Sacrifices, Comprehen...
Sep 04,2025
Bank of Korea
Balance of Payments during July 2025 (preliminary)
□ During July 2025, the Korean current account registered a surplus of 10.78 billion dollars.
□ Looking at the financial account, net assets increased by 11.08 billion dollars during July 2025.
※ Please refer to the attached files.
Sep 04,2025
Ministry of Agriculture, Food and Rural Affairs
Best Kimchi Products of the Year 2025
Best Kimchi Products of the Year 2025Sejong, 4 September 2025 — On 25 August 2025, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced nine winners of the 14th Korea Kimchi Contest held this year, including Cham-maesil Saebyeok Altari Kimchi of Saebyeokfarm...
Sep 04,2025
Bank of Korea
Gross National Income: Second Quarter of 2025 (Preliminary)
◈ Real gross domestic product (real GDP, chained volume measure of GDP) increased by 0.7 percent in the second quarter of 2025 compared to the previous quarter, 0.1 percentage point higher than the figure given in the advance estimate.
◈ Real gross national income (real GNI)...
Sep 03,2025
Bank of Korea
Official Foreign Reserves(August 2025)
□ Korea's official foreign reserves as of the end of August 2025 amounted to 416.3 billion dollars.
ㅇ Korea’s official foreign reserves consisted of securities valued at 366.2 billion dollars (88.0%), deposits of 25.0 billion dollars (6.0%), SDRs of 15.8 billion dollars (3.8%...
Sep 03,2025
Ministry of Trade, Industry and Resources
Korea’s Exports Rise 1.3% in August
The Ministry of Trade, Industry and Energy (MOTIE) announced on September 1 that Korea’s exports in August 2025 grew 1.3 percent year-on-year to USD 58.4 billion, while imports fell 4.0 percent to $51.9 billion. The trade balance recorded a surplus of $6.5 billion.
Dail...
Sep 02,2025
Ministry of Foreign Affairs
MOFA Spokesperson’s Statement on Earthquake in Afghanistan
1. The Government of the Republic of Korea expresses its heartfelt condolences to the victims and deep sympathy to the bereaved families affected by the earthquake in eastern Afghanistan on August 31.2. The Republic of Korea will join international efforts for the swift recovery ...
Sep 02,2025