south koreas economy feared to be mired in protracted slump
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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South Korea's economy feared to be mired in protracted slump

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Arab Today, arab today South Korea's economy feared to be mired in protracted slump

Finance minister Choi Kyung-hwan
Sejong - Yonhap

South Korea's economy could slip into a protracted economic slump that it might not be able to get out of, the finance minister said Friday, reaffirming that the government will continue its expansionary fiscal policy to boost its growth.
"Given the multitude of situations confronting the economy, a sense of urgency is mounting that the economy could get mired in a protracted economic slump that it might not be able to get out of if we miss chances," Finance Minister Choi Kyung-hwan told a meeting with other policymakers.

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