Korea's growth could exceed IMF projection: finance minister
6 Articles
6 Articles
Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il suggested a range of 3.4–3.6% for this year's South Korean economic growth forecast, stating that "the mid-3% range is possible." This figure exceeds the government's forecast from last July (3.0%) and the International Monetary Fund (IMF) forecast from this month (3.3%). The growth trend in capital investment is expected to continue next year as well...
Lee Hyung-il, Deputy Prime Minister and Minister of Finance and Economy, said, “If new external variables do not have a significant impact for the rest of the period, this year's growth rate may be in the middle of 3%.” As a specific forecast range, 3.4 to 3.6% was proposed. It exceeds the government's previous forecast of 3.0% (July) and the forecasts of major domestic and international agencies. Deputy Prime Minister Lee is the finance ministe…
(Bangkok=Yonhap News) Reporter Kim Soo Hyun = Deputy Prime Minister Lee Hyung-il and Minister of Finance and Economy said, “Unless a new external event occurs for the rest of the period and has a big impact (coming...
[Digital Daily Reporter Ok Song-i] Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il predicted that South Korea's economic growth rate could reach the mid-3% range this year. With continued strong performance in semiconductor exports and capital investment, there is a possibility that the figure will exceed the government's existing forecast of 3.0%. It is reported that Deputy Prime Minister Lee made these remarks during a …
Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il projected that South Korea's economic growth rate could reach up to 3.6% this year. During a press conference held on the 16th (local time) at the Queen Sirikit Convention Center (QSNCC) in Bangkok, Thailand, where he was visiting to attend the G20 and G7 Finance Ministers and Central Bank Governors Meeting and the International Monetary Fund (IMF) and World Bank (WB) Annual…
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