South Korea finance minister sees political turmoil weighing on economic growth

📆 23/12/2024 3:43 a. m.
📰 ChannelNewsAsia

⏱ Reading Time:
22 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 66%

South Korea Noticias

Colombia Últimas Noticias,Colombia Titulares

SEOUL: South Korea's finance minister said on Monday (Dec 23) some slowdown in economic growth would be unavoidable as the government prepares to revise forecasts for this year and next year due to the

Korean Finance Minister Choi Sang-mok speaks during a trilateral meeting with US Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki on the sidelines of the IMF/G20 meetings, at the US Treasury in Washington, on Apr 17, 2024.

"Due to many downside risks it is inevitable that next year's growth forecast will be lowered, and it is highly likely that it will fall slightly below the potential growth rate," Choi said, without elaborating on the country's potential growth rate.amid domestic political uncertainty stoked by President Yoon Suk Yeol's short-lived martial law order on Dec 3 and his subsequent impeachment.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Seoul stocks sink amid South Korea drama as Asian markets mixedHONG KONG: South Korean stocks sank on Wednesday (Dec 4) while the won rebounded from earlier losses after President Yoon Suk Yeol dramatically declared martial law overnight before
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »