SEOUL -- After decelerating to its slowest pace in six years in 2018, South Korea's economy is set to further brake in 2019. The Bank of Korea on Thursday projected growth of 2.6% over the next 12 months, down from 2.7% last year.
The forecast comes two weeks after President Moon Jae-in pledged to revive Asia's fourth-largest economy. Now Moon, whose approval ratings are slumping, will be under even more pressure on the economic policy front.
