Seoul, Jan 20, 2025 (AFP) - S Korea's central bank slashes forecasts over political crisis

NAMPA / AFP

2025-01-20

South Korea's central bank on Monday slashed its 2025 growth forecast because of the political crisis triggered by President Yoon Suk Yeol's declaration of martial law last month. The move came as the government unveiled a $250 billion support package for exporters amid worries of possible tariffs by Donald Trump as he prepares to return to the White House. Yoon briefly suspended civilian rule on December 3, sending soldiers to parliament, but la......

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