Tag: International Monetary Fund
S. Korea eyes extra budget of less than 7 tln won: finance minister
South Korea’s finance minister said Wednesday he expects to introduce a supplementary budget worth less than 7 trillion won (US$6.1 billion) to boost domestic demand and create jobs. Finance Minister […]
IMF team voices concerns about pace of S. Korea’s minimum wage hikes
A team from the International Monetary Fund (IMF) on Monday expressed concerns over the pace of minimum wage hikes in South Korea, the Ministry of Economy and Finance said. The […]
“Young, old generations do not understand each other”
Complaints and conflicts are piling up between the young and old as Korea is rapidly becoming an aging society, which leaves the young working class with a heavier economic burden […]