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South Korean Economy Facing Challenges

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The South Korean economy faces uncertain future, the country's finance minister says.

Finance Minister Hong Nam-ki has stressed the need to run the economic policy in a delicate manner in a bid to pursue the harmonized operation with the monetary policy.

“The South Korean economy faces complicated conditions at home and abroad that could constrain its growth,” Hong says.

Hong has cited the virus situation, external economic risks and fiscal conditions as major factors that could weigh on the economic growth.

The full article can be found HERE.

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