SEOUL, Aug 6 (Reuters) – South Korea’s Finance Ministry said on Thursday that the possibility has increased greatly of economic growth rising to the 3% level for the first time in five years.
Last month, the finance ministry raised this year’s economic growth forecast to 3.0% from 2.0%. The economy grew 1.1% last year.
(Reporting by Joyce Lee and Jihoon LeeEditing by Ed Davies)
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