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S Korea announces US$14b package to boost growth

Economy is being weighed down by deadly Mers outbreak, says minister
Friday, June 26, 2015 - 05:50

Seoul

SOUTH Korea on Thursday announced a US$14 billion stimulus package to boost its troubled economy, hammered by the deadly Middle East Respiratory Syndrome (Mers) outbreak which has dented consumer spending and business sentiment.

In announcing the 15 trillion won (S$18 billion

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