South Korea 2016 budget bill to assume 3.5 pct GDP growth

[SEOUL] South Korea's finance minister said on Friday next year's government budget bill, due in September, would assume around 3.5 per cent economic growth for that year, up from 3.1 per cent growth projected for this year.

Minister Choi Kyung-hwan made the comment at a parliamentary committee meeting without elaborating.

REUTERS