[Image source: Gettyimagesbank] South Korea's government spending slowed at the fastest pace in 26 years in the second quarter, raising concerns about a fiscal vacuum amid forecasts that the current tax revenue shortage and modest spending will persist in the remaining months of this year.According to the government and Bank of Korea on Monday, government spending fell 1.9 percent in the second quarter from the previous quarter, mainly due to decreased healthcare spending in the wake of fewer Covid-19 and influenza patients.

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