Korea's economic outlook not bright given external factors: Blue House
  • 5 years ago
South Korea's presidential office says the country's economic outlook isn't so good because of the slowing global economy.
The President's senior secretary for economic affairs Yoon Jong-won told reporters Sunday that although the Korean economy is looking to expand 2-point-6 to 2-point-7 percent this year,... there's likely more weakness down the road for Korea... despite positive signs coming from the U.S.-China trade talks and a more dovish stance monetarily in the worlds leading economies.
Locally, Yoon said, there's still weakness in terms of jobs,... where efforts are needed from the private sector on top of the government's own measures.
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