IMF RAISES ITS 2021 GROWTH OUTLOOK FOR SOUTH KOREA BY 3.6 PERCENT

Highlights –

• IMF raises its 2021 growth outlook for South Korea by 3.6 percent.
• IMF is said to have taken into account the impact of the country’s latest $13 billion extra budget.
• Exports of chips and cars is said to have been keeping the Korean economy in a recovery track.
• The BOK due to economic uncertainties froze its key interest rate at a record low of 0.5 per....
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  Tags : SOUTH KOREA ECONOMY, IMF, INTERNATIONAL MONETARY FUND, BANK OF KOREA, BOK, SOUTH KOREA CONSUMER PRICES, SOUTH KOREA EXPORTS,

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