S.Korea to Focus More on Boosting Growth, Finance Minister Says

South Korea will focus policy efforts more on boosting economic growth and allocate additional state funds to support small companies and exporters, Finance Minister Bahk Jae Wan said.

“We need to make more effort to support economic growth as some progress has been made in terms of stabilization” of prices, Bahk told reporters in Seoul yesterday. “We’re not in a situation where we need an extra budget but we will try to use more state funds to support small firms and exporters.”