In this file photo uploaded Monday, a view of the International Monetary Fund (IMF) logo at its headquarters in Washington, US is shown. (Yonhap-Reuters) The International Monetary Fund (IMF) on Monday slightly raised its economic growth forecast for South Korea this year to 1.9 percent, the financ»»»

The International Monetary Fund has welcomed the measures announced by Rachel Reeves in her first budget, saying her £40bn of tax rises would boost growth “sustainably”. In a rare intervention, the Washington-based IMF backed her increase in investment and extra spending to ease the financial press»»»

SEOUL : South Korea's finance minister said the downside risk to the government's forecast of 2.6 per cent for this year's economic growth had expanded, the Yonhap news agency reported on Friday. Economic growth is likely to be still higher than the potential growth rate, Minister Choi Sang-mok sai»»»

The International Monetary Fund logo is seen outside its headquarters in Washington, U.S. Reuters-Yonhap The International Monetary Fund (IMF) said Tuesday it kept the 2024 growth outlook for Korea unchanged at 2.5 percent amid a stable global economic expansion. The figure was on par with its proj»»»