The International Monetary Fund (IMF) revised its 2024 growth forecast on Tuesday for South Korea to 2.3%, a slight increase from its previous estimate, reflecting greater resilience in major global economies. This updated figure aligns with the OECD’s projection and slightly surpasses the Bank of Korea’s forecasts of 2.1%. IMF analysts attribute this anticipated growth … Continue reading IMF’s improved forecast for South Korea belies economic realities