Stronger growth seen for South Korea in 2nd half

06/17/2013 | (South Korea)

If the government succeeds in implementing its stimulus measures, the South Korean economy could realize an annual growth rate of 3% in the latter half of this year and 4% in 2014, said Finance Minister Hyun Oh-seok. However, Hyun noted external risks in the form of slowing Chinese growth and constraints imposed on the U.S. economy by budget cuts.

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