IMF raises Korea's 2025 growth outlook to 0.9 pct on smaller-than-expected US tariff impact

IMF raises Korea's 2025 growth outlook to 0.9 pct on smaller-than-expected US tariff impact

The International Monetary Fund (IMF) on Tuesday slightly raised its growth forecast for Korea's economy to 0.9 percent for this year, saying that effects from U.S. tariff measures have been smaller than expected so far. In its latest World Economic Outlook report, the IMF edged up its projection for Asia's fourth-largest economy by 0.1 percentage point from its previous forecast released in July. The IMF maintained its 2026 growth outlook for K…