IMF: South Korea's upgrade

SOUTH KOREA- Ajai Chopra, the IMF's assistant director for Asia and the Pacific said the sovereign rating upgrade for South Korea by Standard & Poor's Corp. Tuesday was "entirely deserved".

However he hinted that the country's gross domestic product this year may grow slightly lower than the official IMF forecast made in September. Mr. Chopra is visiting Seoul for its annual review and made the remarks during an interview with Dow Jones Newswires Tuesday. He also said the Korean government sh