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Title Goldman Sachs Raises Korea's Growth Forecast to 4.5 Pct
Date 2005.03.08


Goldman Sachs revised its forecast for South Korea's 2005 economic growth upward to 4.5 percent from
an earlier 3.7 percent Tuesday, citing budding signs of a pickup in the domestic economy.

 

The global investment banker also upgraded its 2006 growth prediction for the Korean economy to 5.3
percent from the previous 4.7 percent.

 

- Source from Yonhap News (Mar 08, 2005) -

 

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