South Korea is often refereed to as a canary in the coal mine for the global economy, so such headline grabbing comments are a bit of a worry
- Sees 2018 growth at 2.9 pct vs. 3 pct estimated earlier
- Job growth at worst since financial crisis
- Says will increase fiscal spending by $3.6 bln within existing budget
- Says will expand subsidies for small businesses, low-income elderly
Reuters report on South Korea bi-annual economic policy report from the finance ministry and comments from Do Kyu-sang, a director general at the ministry, at a press conference.
