S.Korea economy may lose steam without domestic demand
Published: 23 Jun 2009 17:38:42 PSTSEOUL, June 24 - South Korea's finance minister said on Wednesday that recovery momentum for the nation's economy could weaken in the second half unless domestic demand revives.
"Still, I don't see signs of a self-driven recovery in private consumption and corporate investment and without them, the recovery momentum may weaken in the second half," Finance Minister Yoon Jeung-hyun said before a weekly meeting with ministers.
His comment came a day before the ministry is set to disclose its economic policy direction for the second half.
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