You are here

S Korea to inject 22 trillion won stimulus into Mers-hit economy

This will raise growth by 0.3 percentage point in 2015 and 0.4 percentage point in '16

Seoul

THE South Korean government has agreed to inject 22 trillion won (S$26.4 billion) into the flagging economy, which has been hit by the Middle East Respiratory Syndrom (Mers) virus outbreak and sluggish consumption.

The stimulus package was passed at a Cabinet meeting of

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom