Korea, IMF to hold annual consultation on economy, financial policy
The International Monetary Fund (IMF) logo is seen outside its headquarters in Washington, U.S., Sept. 4, 2018. Reuters-Yonhap
Korea will hold an annual consultation session with the International Monetary Fund (IMF) this month to discuss the country's overall economic situation and policies, the finance ministry said Wednesday.
An IMF delegation is scheduled to visit the country for the annual consultation from Nov. 7-20, during which IMF officials will hold a series of meetings with the ministry, the Bank of Korea, other organizations and private companies here to discuss a wide range of economic issues, growth prospects and relevant policy measures, according to the ministry.
The team plans to hold a press conference Nov. 20 to explain the results of the annual session, it added.
The IMF earlier forecast 2.5 percent economic growth for South Korea this year. (Yonhap)