Independent journal on economy and transport policy
01:41 GMT+2
IMF plans to revise Korea's growth forecast downward
(The Korea Herald)
February 22, 2001
In the midst of an across-the-board review of the world's economies, an International Monetary Fund (IMF) official confirmed yesterday that Korea's economic growth forecast would soon be revised downward.
The new projection would probably be for the nation's gross domestic product (GDP) to grow at about half the speed of last year, the official said.
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