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
Sat, Jul 04, 2015 - 5:50 AM
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...