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South Korea govt ready to counter economic impact of Mers

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Published Mon, Jun 8, 2015 · 09:50 PM

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    Seoul

    THE South Korean government on Monday said it is ready to take swift measures to counter the negative effects on its economy from an outbreak of a deadly respiratory disease, suggesting that worried policymakers may soon deliver monetary and fiscal stimulus.

    President Park Geun-hye said the negative economic effects from the outbreak of Middle East Respiratory Syndrome (Mers) should not be overlooked, while Finance Minister Choi Kyung-hwan vowed to take steps to offset any hit to growth.

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