South Korean President Park Geun-hye said on Wednesday that the government must quickly produce an extra budget to create jobs and support the working class, while a meeting of the central bank chief and Park’s senior aide fuelled bets on an interest rate cut.
“The working class will suffer greatly if the economy continues to slump,” Park told senior finance ministry and financial regulator officials, according to the presidential office, calling for a swift policy response.
via Business feed http://www.scmp.com/business/economy/article/1206086/south-korea-president-calls-swift-extra-budget-plan
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