The International Monetary Fund cut Korea's economic growth forecast in half from 2 percent to 1 percent in its latest outlook, pointing to growing global uncertainty over U.S. trade policies.
The International Monetary Fund (IMF) revised down the outlook for Korea’s economic growth this year to 1.5 percent on Tuesday.
The IMF lowered its outlook for Korea's growth next year to 2.0 percent from 2.1 percent. For the world, it is looking for 2.7 percent, down 0.2 percentage points from three months ago.
Korea JoongAng Daily Sitemap
