IMF urges Bank of Korea to pursue ‘accommodative policy stance’

Photo of a South Korean flag flying next to a skyscraper

The International Monetary Fund has advised the South Korean authorities to pursue further macroeconomic policies to support growth, concerned the country could be at risk of headwinds.

“Korea is facing headwinds in the short- and medium-term, with risks tilted toward the downside,” IMF representative Tarhan Feyzioglu said on presenting the fund’s latest assessment of the Asian country.

To support growth, and ensure sluggish investment and global trade does not continue to have a negative

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