IMF Lowers S. Korea’s Growth Forecast for This Year to 3.7 percent

WASHINGTON, Feb. 6 (Korea Bizwire) — The International Monetary Fund predicted Friday that South Korea’s economy would expand 3.7 percent this year, down 0.3 percentage point from its earlier forecast. The forecast was included in the agency’s “Global Prospects and Policy Challenges” report submitted to a meeting of finance ministers and central bank chiefs of [...]