[KOREAN ECONOMIC NEWS] Good morning, everyone. I’m Kim suhyeon staff of Kamagroup Pvt. Ltd. Here I have an important Korean economic news to share with you which is as undermentioned.
Calls are growing for the government to increase infrastructure spending to shore up the country’s slowing economy and improve its worsening employment conditions.
Since its launch in May last year, President Moon Jae-in’s administration has refrained f rom following in the footsteps of previous administrations, which sought to bolster the economy by undertaking massive infrastructure projects. It has been particularly critical of the attempt by former President Lee Myung-bak’s government to restore the country’s four major rivers, arguing that the costly project did little to increase employment and caused severe environmental damage.
Read more at: http://www.koreaherald.com/view.php?ud=20181107000558
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