South Korea raises forecast for economic growth to 2.6% and announces a 25 trillion-won support package for small businesses.

South Korea's government vows support for small businesses and the construction sector, revising up its forecast for this year's economic growth to 2.6%. Amid high interest rates, President Yoon Suk Yeol announced a 25 trillion-won ($18 billion) support package for struggling micro businesses, with measures tailored to help small business owners in need.

July 03, 2024
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