소장기록

제목BUFF 98.113 Statement by the Staff Representative on Republic of Korea Executive Board Meeting 98.126


설명Statement by the Staff Representative on Republic of Korea Executive Board Meeting 98/126 December 14,1998 The following statement provides additional information that has become available since the circulation of the staff report (EBS/98/190, Supplement 1). 1. The authorities issued a statement on December 9 confirming their intention to repurchase the USS2.8 billion under the SRF that falls due in December. 2. Third quarter data show a moderation in the pace of decline in economic activity. Although, real GDP declined by 6.8 percent in the third quarter on a year-on-year basis, it is estimated to have fallen by only 1 percent on a quarter-on-quarter (seasonally adjusted) basis. In addition, the index of leading economic indicators (seasonally adjusted), following the positive change in the third quarter reported in the staffreport, moved up again in October. Unemployment declined slightly to 7.1 percent in October. Inflation remains subdued, with the latest three-month annualized rate at about 2 percent.


생산자IMF


날짜1998-12-11


기록유형문서류


기록형태회의록/자료


주제IMF협상


식별번호KC-R-00972


제목BUFF 98.113 Statement by the Staff Representative on Republic of Korea Executive Board Meeting 98.126


설명Statement by the Staff Representative on Republic of Korea Executive Board Meeting 98/126 December 14,1998 The following statement provides additional information that has become available since the circulation of the staff report (EBS/98/190, Supplement 1). 1. The authorities issued a statement on December 9 confirming their intention to repurchase the USS2.8 billion under the SRF that falls due in December. 2. Third quarter data show a moderation in the pace of decline in economic activity. Although, real GDP declined by 6.8 percent in the third quarter on a year-on-year basis, it is estimated to have fallen by only 1 percent on a quarter-on-quarter (seasonally adjusted) basis. In addition, the index of leading economic indicators (seasonally adjusted), following the positive change in the third quarter reported in the staffreport, moved up again in October. Unemployment declined slightly to 7.1 percent in October. Inflation remains subdued, with the latest three-month annualized rate at about 2 percent.


생산자IMF


날짜1998-12-11


크기 및 분량2쪽


언어영어


출처IMF


기록유형문서류


기록형태회의록/자료


대주제IMF협상


소주제후속조치


자원유형기록


파일 fb5298e5e5018ea84909ff84efaa90e2.pdf