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19 June 2018 The on-line newspaper devoted to the world of transports 20:29 GMT+2

November 25, 1999

Seoul and IMF raise S. Korean GDP forecast to 9%

THE South Korean government and the International Monetary Fund have raised their gross domestic product (GDP) growth forecast for this year to 8% to 9% and estimate growth of 5% to 6% for 2000, the Ministry of Finance and Economy (MoFE) said in Seoul yesterday.

The IMF and the government also agreed to reduce their forecast for inflation this year to below ......
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