Economics
Bahk Eschews Stimulus as South Korea’s Slowdown Abates
This article is for subscribers only.
South Korea’s finance minister said his nation’s economic growth will improve this quarter and policy makers should limit the scale of stimulus measures.
“Mobilizing all available fiscal, monetary and financial policy means in a bold move with a large size may have harmful effects” including a wider budget deficit, Bahk Jae Wan said in an interview at the Bloomberg News office in Seoul yesterday.