S.Korea's economy faced with reduced downside risks amid uncertainty: gov't report
2020-06-13 07:36:18 source：Global Times
June 12, 2020
South Korea's economy is faced with more or less reduced downside risks amid lingering uncertainty from the COVID-19 outbreak, a government report said Friday.
The Ministry of Economy and Finance said in its monthly economic assessment report called Green Book that the economy's downside risks somewhat eased on an alleviated consumption slump and a slower employment decline though uncertainty remained from the coronavirus pandemic.
The ministry said some of economic indicators improved on resumed economic activity in major economies, but it noted that concerns about the global economic recession lingered as the possibility remains for the COVID-19 to spread again.
Read more: