Korea's economic growth has rosy outlooks

Arirang News 2017-05-14

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Foreign investment banks have raised their outlook for Korea's economic growth.
The second straight month of positive reviews comes in light of factors including growing exports.
Ten foreign investment banks projected Korea's GDP to rise by 2-point-6 percent this year,... higher than its March estimate of 2-point-5.
The banks forecast... next year, Asia's fourth largest economy will grow 2-point-5 percent -- up a tenth of a point from previous estimates.
The upward revisions come as a global economic recovery helped the country's outbound shipments abroad and its facility investments.

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