South Korea's economic slump to bottom in first half of 2023, finance minister says

Published on: Sunday 18 December 2022

SEOUL (Reuters) - South Korea's finance minister said on Monday the economy is slowing at a more rapid pace than previously expected and would bottom in the first half of next year. "Our economy's growth is expected to slow next year due to the effects from a global economic slump, and the difficulty will be focused on the first half," Minister Choo Kyung-ho said at the opening of a meeting with

News source: https://www.msn.com/en-us/money/markets/south-koreas-economic-slump-to-bottom-in-first-half-of-2023-finance-minister-says/ar-AA15qs1Q

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South Korea's economic slump to bottom in first half of 2023, finance minister says