S. Korea to keep stimulus policy amid lingering downside risks

SEOUL, Oct. 8 (Yonhap) -- South Korea's economy is staging a steady rebound but
the government said Thursday that it will maintain its "expansionary" economic
policy stance amid a sluggish private-sector recovery and uncertainties in
overseas markets.
"The economy keeps improving on a steady basis but the private sector is seeing
an insufficient rebound and other downside risks coexist such as a possible delay
in the global recovery," the Ministry of Strategy and Finance said in a report.
"Against such a backdrop, we will maintain our expansionary macroeconomic policy
stance," it noted, adding that it will try to utilize all the budget resources
left for this year during the second half as a means of offsetting its declining
fiscal capacity.
kokobj@yna.co.kr
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