IMF flags rising government debt in South Korea as corporate delinquencies outpace households

The IMF has singled out South Korea in warning of a rapid rise in government debt, raising concerns about fiscal sustainability as global borrowing climbs.

Separately, corporate loan delinquency rates in South Korea are rising three times faster than household debt, increasing pressure on banks as lending expands.

Taken together, the reports highlight concurrent strains in public and private debt dynamics within the country, with potential implications for credit conditions and financial stability.