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在线翻译:
szdaily -> World Economy
IMF raises forecasts for South Korea
    2017-September-12  08:53    Shenzhen Daily

THE International Monetary Fund (IMF) has upgraded its forecasts for South Korea’s economic growth, with its chief Christine Lagarde saying yesterday she sees the economy growing 3 percent this year and “probably” again in 2018.

Her forecasts are in line with the government’s, and higher than what the IMF projected in April for South Korea. It then forecast 2.7 percent expansion this year and 2.8 percent for 2018.

In 2016, South Korea’s economy expanded 2.8 percent.

Lagarde gave the forecasts during a news conference in Seoul after meeting with South Korea’s President Moon Jae-in and Finance Minister Kim Dong-yeon.

She said that Asia’s fourth-largest economy looks “highly resilient” to geopolitical risks stemming from nuclear and missile provocations from North Korea.

Responding to a question on the expected spillover effects of North Korean risks, Lagarde said any discussions about conflicts, let alone a war, hurt economic development in general.

North Korea yesterday warned that the United States would pay a “due price” for spearheading a U.N. Security Council resolution against its latest nuclear test conducted, as Washington presses for a vote on a draft resolution imposing more sanctions on Pyongyang. (SD-Agencies)

 

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