While Seoul touts strong growth, indicators show persistent manufacturing struggles and financial stability concerns
South Korean Prime Minister Han Duck-soo presented an optimistic economic outlook during a Cabinet meeting led by President Yoon Suk-yeol on Wednesday, citing strong growth rates and employment figures to project decreasing interest rates.
However, this positive narrative contrasts sharply with several key economic indicators that reveal significant risks and vulnerabilities in the ROK economy.
South Korean Prime Minister Han Duck-soo presented an optimistic economic outlook during a Cabinet meeting led by President Yoon Suk-yeol on Wednesday, citing strong growth rates and employment figures to project decreasing interest rates.
However, this positive narrative contrasts sharply with several key economic indicators that reveal significant risks and vulnerabilities in the ROK economy.
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