Lee welcomes 'dramatic rebound' in potential growth outlook
President Lee Jae Myung on Tuesday welcomed a rise in the country's potential growth rates as "a dramatic rebound" in the national economy's "basic physical strength." Lee wrote the message on his X account, referring to a recent upward revision of the country's potential growth rate projections by the International Monetary Fund (IMF) to 2.14 percent this year and 2.2 percent in 2027. The…
President Lee Jae Myung expressed satisfaction on Tuesday over a significant improvement in the country's potential growth outlook. He highlighted the upward revision by the International Monetary Fund (IMF) of the country's growth rate projections to 2.14 percent this year and 2.2 percent in 2027, marking the first consecutive annual increases in nearly four decades.
This development signals a dramatic rebound in the Korean economy's fundamental strength, a welcome sign after a long period of stagnation. The president emphasized the positive implications of these projections, stating that they indicate a strong and robust economic foundation. He stressed the importance of sustaining this growth and ensuring its benefits are equitably distributed among all citizens.
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- Lee welcomes 'dramatic rebound' in potential growth outlook koreatimes.co.kr
