IMF cuts Korea′s growth forecast for 2015 to 3.7 percent IMF, 한국 올 경제성장률 4.0→3

The International Monetary Fund has cut Korea′s economic growth forecast for this year to three-point-seven percent The agency had forecast in October last year that the Korean economy would grow four percent in 2015 The IMF did not elaborate on why it lowered the growth estimate Despite the cut, the IMF′s latest forecast for Korea is still zero-point-three percentage points higher than the three-point-four percent the Bank of Korea forecast last month The IMF also forecast Korea′s economy would expand three-point-nine percent in 2016