IMF Upgrades Outlook for 2017 S. Korean Economic Growth to 3.2%

Write : 2017-11-14 17:44:24 Update : 2017-11-14 17:59:11

IMF Upgrades Outlook for 2017 S. Korean Economic Growth to 3.2%

The International Monetary Fund(IMF) has raised its growth forecast for South Korea to three-point-two percent for this year.

An IMF mission led by Tarhan Feyzioglu, a senior economist at the IMF's Asia and Pacific Department, released the revised outlook during a briefing in Seoul on Tuesday, announcing the result of its annual discussion with South Korean government officials since early this month.

The IMF’s previous estimate was three percent for this year and the next. It kept the 2018 outlook unchanged.

The IMF said South Korea’s short-term prospects are improving despite heightened geopolitical tensions in the region.

It added that Asia'a fourth-largest economy is showing an improvement this year, following a slowdown in the second half of 2016. 

  • RSS
  • Facebook
  • Twitter
  • print
  • list
  • Top
prev  prev  1 2 3 4 5 6 7 8 9 10 next
Internet Radio On-Air Window to KBS WORLD Radio Window to KOREA
청취자 만족도 조사 결과 -E
Let's Learn Korean (Mobile)
North Korea Inside
More Service
KBS World Radio Mobile
  • KBS World Radio Mobile
  • The new app consolidates KBS World Radio’s news and feature contents with services previously provided through separate apps...


1 / 4