Collecting gold at the time of exercise of the IMF Republic of Korea in 1997 to pay off the debt on their own citizens were voluntarily donate gold to the movement of the country.
At that time, the Republic of Korea in foreign debt reached about $ 30.4 billion.
Total of about 350 million people nationwide participated in this movement gathered about 227 tons of gold.
Simply put, in 1997, the economy of our country is so difficult for the international financial institutions (IMF) on borrowed money.
Nevertheless, struggled to repay the money, the people gathered their gold.
The price of gold has been quite a lot of weight is 227 tons of our country with the help of people who paid money fast at the IMF again to record income was $ 10,000.
In addition, the economic power has been restored back to position.
Chun Doo-hwan military regime to stay in power try to newspapers, broadcast media, such as control,
Let those who demand democracy crackdown in June 1987 nationwide protests demanding democracy, and I woke up to the end of military dictatorship, a democratic constitution and let's make the voice of the students and citizens of the nation was eventually received a response to a national presidential candidate Roh a request is received for the June 29, 1987 would announce the June Democratic Struggle .
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