South Korea and the International Monetary Fund

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South Korea and the International Monetary Fund (IMF) partner together to assist the country in managing its financial system. South Korea's economy is considered fundamentally sound because of the balance of their banking sector and their aim toward a zero structural balance without compromising their ability to sustain debt.^[1] The IMF Board in 2019 assessed that the policy framework and financial system in place are sturdy and firmly set.