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President Lee: "Repaying the Final Debt from the Foreign Exchange Crisis... Thanks to the Citizens Who Strove for 30 Years"


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▲ President Lee Jae-myung speaks during a meeting of senior secretaries at the Blue House on the 3rd.

President Lee Jae-myung expressed gratitude to the citizens on the 3rd, stating, "We are paying off the final debt of the foreign exchange crisis after 30 years."

In a post on X (formerly Twitter) sharing related news, President Lee stated, "The repayment of public funds, which were raised to prevent national default during the 1997 IMF (International Monetary Fund) foreign exchange crisis, will be finalized with next year's budget."

He added, "Just as we overcame the nation's most difficult moment about 30 years ago through the strength of our citizens, this is thanks to the public who have consistently worked hard for 30 years. I will not forget that time. Citizens, you have truly been through a lot."

With next year's budget, the government will complete the repayment of public funds injected to overcome the IMF foreign exchange crisis.

The scale amounts to 97.2 trillion won from 2003 to 2027.

(Photo: Yonhap News)

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