50% increase in fishing debt over 3 years: Measures need to be prepared

Published 2020년 10월 8일

Tridge summary

The article highlights a concerning trend among South Korean fishing communities, where the average debt of fish families has seen a significant increase of 50% over the past three years, rising from 42452,000 won in 2017 to 63493,000 won in 2019. This debt crisis, which affects both fisheries and farmed fisheries, is coupled with a decrease in household income, which stood at 48415,000 won in 2019. Lawmaker Jeong Jeom-sik has called for the development of countermeasures to address this issue, focusing on improving the income of sea bass and reducing their debt costs to combat the rising debt crisis.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The need for countermeasures has been raised as fishing debt has increased by 50% over the past three years. According to Rep. Jeong Jeom-sik (People's Power, Tongyeong, Goseong), the average debt of fish families increased by 50% from 42452,000 won in 2017 to 63493,000 won last year. By fishery, the debt of fisheries and fisheries increased by 52.9% and that of farmed fisheries increased by 43%. On the other hand, during the same period, household income decreased. The household income from 49,16,000 won in 2017 increased to 51836,000 won in 2018, but decreased to 48415,000 won last year. Assemblyman Chung said, "Since fish income has not ...
Source: Aflnews

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