소장기록

제목BUFF 99.43 Statement by the Staff Representative on Republic of Korea Executive Board Meeting


설명Statement by the Staff Representative on Republic of Korea Executive Board Meeting April 7,1999 1. The following statement provides additional information that has become available since the circulation of the stti report (EBS/99/38, Supplement 1). These developments do not change the thrust of the staff appraisal. Macroeconomic developments 2. Recent data provide further evidence of a continuing modest recovery. Although real GDP contracted by 5.8 percent in 1998 (slightly more than the 5*X percent estimate in the staff report), growth in the second half of the year was positive. Real GDP expanded by about 1 percent in the fourth quarter (quarter-on-quarter, seasonally adjusted), following a small increase in the third quarter. Recent monthly data have also been favorable, with both industrial production and wholesale and retail sales rising in February 1999 (month-on-month, seasonally adjusted). However, the unemployment rate rose further to 8.7 percent in February.


생산자IMF


날짜1999-04-05


기록유형문서류


기록형태회의록/자료


주제IMF협상


식별번호KC-R-00973


제목BUFF 99.43 Statement by the Staff Representative on Republic of Korea Executive Board Meeting


설명Statement by the Staff Representative on Republic of Korea Executive Board Meeting April 7,1999 1. The following statement provides additional information that has become available since the circulation of the stti report (EBS/99/38, Supplement 1). These developments do not change the thrust of the staff appraisal. Macroeconomic developments 2. Recent data provide further evidence of a continuing modest recovery. Although real GDP contracted by 5.8 percent in 1998 (slightly more than the 5*X percent estimate in the staff report), growth in the second half of the year was positive. Real GDP expanded by about 1 percent in the fourth quarter (quarter-on-quarter, seasonally adjusted), following a small increase in the third quarter. Recent monthly data have also been favorable, with both industrial production and wholesale and retail sales rising in February 1999 (month-on-month, seasonally adjusted). However, the unemployment rate rose further to 8.7 percent in February.


생산자IMF


날짜1999-04-05


크기 및 분량4쪽


언어영어


출처IMF


기록유형문서류


기록형태회의록/자료


대주제IMF협상


소주제후속조치


자원유형기록


파일 6a87f8611efde3e98cbd71285be8c8c5.pdf