- South Korea’s Gross Domestic Product (GDP) has plummeted worse-than-expected i.e. 2.9% in year-on-year terms.
- Exports, which account for 40% of the economy has experienced the largest fall since 1963.
- The government of South Korea has so far implemented about 277 trillion won worth of stimulus measures to manage the effects of coronavirus pandemic on the economy. ....
Tags : South Korea, recession, slump, exports, economy ,