Core Insights - South Korea's economy is projected to experience growth below 0.1% for the fourth consecutive quarter, marking a historical first [1] - The Bank of Korea is set to announce the actual GDP growth rate for the first quarter on the 24th of this month, with indications that it may fall below 0.2% due to various economic pressures [1] - The South Korean government has proposed a supplementary budget of 25 trillion won (approximately 5.13 billion RMB) to support export companies potentially impacted by U.S. tariff policies [1] Economic Indicators - The Bank of Korea's recent report suggests a possibility of negative growth in the first quarter, influenced by rising household debt and weak domestic demand [1] - The supplementary budget aims to expand the special policy fund by 1.5 trillion won, totaling 25 trillion won, to mitigate liquidity crises faced by companies amid increasing global trade uncertainties [1]
韩国拟提供25万亿韩元为出口商纾困
news flash·2025-04-20 23:39