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S Korea may miss govt revenue target this year too
Fiscal crunch to force cut in infrastructure spending
Published Thu, Apr 9, 2015 · 09:50 PM
Seoul
SOUTH Korea's persistently rosy assumptions about government finances risk derailing public spending in a year when exports and other engines of growth are sputtering.
The government expects its 2015 revenue to rise 8.1 per cent from last year's actual receipts. But that target is increasingly looking elusive. The goal is base…
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