IMF raises Korea’s growth forecast to 3.3% as chip exports outweigh war impact
Shipping containers are stacked at Busan Port, Oct. 1. Yonhap The International Monetary Fund (IMF) lifted its forecast for Korea’s economic growth this year to 3.3 percent from 2.6 percent three months ago, a 0.7-percentage-point increase driven by strong semiconductor exports, the Ministry of Finance and Economy said Tuesday. The IMF sees chip demand providing…

