BOK expected to further lower growth forecast for 2020 following spike in COVID-19 cases
- 4 years ago
코로나 상황에 한은, 올해 성장률 -1% 안팎으로 낮출듯
The Bank of Korea is expected to lower South Korea's growth forecast for 2020 from a point-two percent contraction to as low as a mid-to-low one percent dip,... following a recent spike in the number of COVID-19 cases.
The relevant teams under the central bank are conducting repeated revisions of its economic forecast ahead of a scheduled press briefing on Thursday.
The central issue is how much of an adjustment should be made to a point-2 percent on-year contraction projected in May,... which will be premised on the situation of the outbreak as well as the government's response.
The Bank of Korea is expected to lower South Korea's growth forecast for 2020 from a point-two percent contraction to as low as a mid-to-low one percent dip,... following a recent spike in the number of COVID-19 cases.
The relevant teams under the central bank are conducting repeated revisions of its economic forecast ahead of a scheduled press briefing on Thursday.
The central issue is how much of an adjustment should be made to a point-2 percent on-year contraction projected in May,... which will be premised on the situation of the outbreak as well as the government's response.