South Korea readies stimulus as economy stagnates

South Korea plans to implement an economic stimulus package but will set the details around the end of this month after examining first-quarter indicators, a senior official at the presidential Blue House told Reuters.

“We will take action, that is for certain,” the official, who declined to be identified, said by telephone. “But what goes on the menu and the strength of the items to be included need to be considered further, and that will be decided once we get the first-quarter indicators around the end of March.”

via Business feed http://www.scmp.com/business/economy/article/1189765/south-korea-readies-stimulus-economy-stagnates