IMF-S Korea SEOUL, Feb. 7 (Yonhap) -- South Korea's economy rebounded in 2024 after a sharp slowdown the previous year, but its outlook remains uncertain as risks are tilted to the downside, the ...

T he International Monetary Fund has projected that South Korea’s economy will grow only 1.0% in 2025, half of the original forecast (2.0%) that it announced three months ago. The new estimate ...

South Korea proposes a $22.1 billion supplementary budget to counter economic downturn, featuring cash payments, industry ...

The IMF assessment commends Korea's efforts to address these challenges and to keep the public informed about long-term fiscal pressures. Korea's manufacturing sector is likely to face increasingly ...

The International Monetary Fund (IMF) has projected the Korean economy to grow 2 percent this year in its quarterly World Economic Outlook published on Friday, a 0.2 percentage point downgrade from ...

The International Monetary Fund lowered its forecast for South Korea’s economic growth, pointing to rising headwinds facing the export-reliant nation and echoing growing concerns among economists.

The International Monetary Fund (IMF) says government subsidy support led to the rapid growth of Korea's heavy industry in the 1970s, urging other countries to consider this example and consider ...

South Korea should keep its monetary policy restrictive for a considerable time, the International Monetary Fund said, echoing efforts by the country’s central bank to keep a lid on inflation ...

The G20 leaders will endorse the IMF reform plan in Seoul next month, producing a symbolism of contrasts. For the past 65 years, the Washington-based organization has changed little, while Korea ...

South Korea should maintain current, restrictive monetary and fiscal policies as it needs to take steps to return to sustainable finances and address inflation, the International Monetary Fund ...

After weathering the global economic crisis, Korea’s economy is now expanding above potential. But, the IMF says in its regular review of the economy, the robust performance of this heavily ...