Experts on the Korean economy forecast that the Korean economy would grow 0.1 percentage point less than the government's target of 2.9 percent. The Korea Development Institute (KDI) said that the economy's growth momentum has weakened, limiting an economic recovery overall.According to a su
“It is inappropriate for Cheong Wa Dae (the Presidential Office) to step forward to explain or defend every single issue”, Prime Minister Lee Nak-yeon pointed out June 7, in response to the controversy surrounding the effects of minimum wage. The comment interprets as a measure to tighten discipline