Finance Minister Choi Kyung-hwan:
South Korea's recovery momentum remains weak
Finance Minister Choi Kyung-hwan
Seoul - Arab Today
South Korea's economy is steadily improving from a slump thanks to government-led stimulus efforts, but the recovery momentum still remains weak, the finance minister said Friday.
"Our economy is steadily improving out of the second-quarter slump, driven by expansionary macroeconomic policies and property-boosting plans," Finance Minister Choi Kyung-hwan said at a meeting with heads of major economic research institutes in Seoul.
Source: Yonhap
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