Independent journal on economy and transport policy
01:33 GMT+2
Seoul and IMF raise S. Korean GDP forecast to 9%
(The Star Online)
November 25, 1999
THE South Korean government and the International Monetary Fund have raised their gross domestic product (GDP) growth forecast for this year to 8% to 9% and estimate growth of 5% to 6% for 2000, the Ministry of Finance and Economy (MoFE) said in Seoul yesterday.
The IMF and the government also agreed to reduce their forecast for inflation this year to below ...... Read more on The Star Online
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