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AMRO Projects S. Korean Economy to Grow 2.3 Pct, Calls for Tight Monetary Policy

AMRO Projects S. Korean Economy to Grow 2.3 Pct, Calls for Tight Monetary Policy

SEOUL, Apr. 25 (Korea Bizwire) — An economic surveillance organization in Asia on Thursday expected the South Korean economy to expand 2.3 percent this year on rising exports, calling for maintaining tight monetary policy to safeguard macroeconomic stability amid uncertainties, Seoul’s finance ministry said. The ASEAN+3 Macroeconomic Research Office (AMRO) made the assessment in a [...]