Tag - Korea to boost exports

Korea to boost exports, consumption for growth

Economic ministries briefed President Park Geun-hye on Thursday on their New Year policies geared toward revitalizing the sluggish economy by boosting domestic demand and exports in a balanced way. Just two weeks into 2016, heightening external risks coupled with persistent domestic problems make it seem hardly realistic to achieve the government’s growth target for this year, which is set at 3.1 percent, a modest improvement from last year’s 2.7 percent. The emphasis on growth through a balance between domestic demand and [...]