S. Korean economy to contract 4 pct in 2009, grow 1.5 pct in 2010: IMF

Submitted by YONHAP on

By Hwang Doo-hyong
WASHINGTON, April 22 (Yonhap) -- South Korea's economy will decline 4 percent
this year amid a prolonged global recession before rebounding to post a modest
1.5 percent growth next year, the International Monetary Fund forecast Wednesday.

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