[South Korea's Choice Financial News Reporter] The Bank of Korea and the Korea Financial Intelligence has signed a Memorandum of Understanding (MOU) to strengthen the linkage between national accounts and financial statistics at 15th, Jung-gu, Seoul, South Korea Bank of the main building.
Both institutions have agreed to cooperate and exchange data related to gross domestic product (GDP) statistics in the government sector accounts, government finance statistics (GFS) for joint research and statistics necessary for the development.
The Bank of Korea said that "raising the level of current statistical data, such as by expanding the basis of future national accounts through a variety of organizations and business agreement and plan to use to develop new statistics.
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