South Korea cuts its economy growth forecast next year to 2.1 percent

The Central Bank of South Korea lowered the growth forecast for the country's economy next year from 2.2% to 2.1% in its previous estimates last August. The South Korean agency “Yonhap” reported on Thursday that the bank's expectations are lower than those of the International Monetary Fund, the Asian Development Bank and the Korean Development Institute at 2.2%, and agreed