[경제]IMF lowers Korea’s growth outlook for next year again… “Catching prices comes first”

[앵커]

The International Monetary Fund (IMF) lowered its global economic growth forecast for next year and lowered its growth forecast for Korea next year to 2%.

The International Monetary Fund (IMF) warned that the global economy could get worse next year, such as a strong dollar, but recommended a strong austerity policy, saying that controlling inflation is the priority.

Correspondent Kwon Nam-gi.

[기자]

The trade balance has been in the red for six consecutive months since the financial crisis in 25 years.

[권혁중 / 경제평론가 : 분위기가 좋지 않은 게 메모리 반도체의 가격이 하반기에 가서 30% 더 떨어질 거다, 이런 얘기도 나오고 있거든요.]

The exchange rate continues to soar around 1,400 won despite the intervention of the authorities.

[이정환 / 한양대 경제금융학부 교수 : 외환당국에서 너무 변동성이 지나친 것은 막겠다는 신호를 보이고자 실제 시장에 개입했다고 이야기할 수 있겠고요.]

In addition, there are other risk factors that hold back Korea’s economic growth, such as high inflation, shaky exports, and soaring interest rates.

[정규철 / 한국개발연구원(KDI) 경제전망실장 : 내년에는 세계 경기가 더 안 좋아질 것으로 보입니다. 그러면 한국 수출도 마찬가지로 올해 하반기, 내년으로 이어지면서 부진한 모습을….]

In the midst of this, the International Monetary Fund (IMF) has lowered its forecast for Korea’s economic growth next year to 2%.

At the beginning of this year, the growth forecast was close to 3%, but since then, the Ukrainian war has shaken the world economy and has since been drastically lowered.

The International Monetary Fund (IMF) also lowered its global economic growth forecast for next year.

Prospects from major countries fell one after another, warnings that continued high prices and Russia’s cut off gas supply to Europe could drag down the global economy.

[크리스탈리나 게오르기에바 / 국제통화기금(IMF) 총재 : 저는 타고난 낙천주의자이지만 앞으로 세계 경제는 나아지기보다는 더 나빠질 거라고 말씀드릴 수밖에 없습니다.]

The International Monetary Fund (IMF), however, said that controlling inflation should be the top priority and recommended that it consistently pursue a strong tightening monetary policy, that is, a high interest rate stance.

This is YTN Namgi Kwon.

YTN Namgi Kwon ([e-mail])

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