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PM Predicts Top Economic Growth for South Korea and U.S. in 2025.

Seoul: South Korea and the United States are projected to achieve the highest economic growth rates among major economies in 2025, Prime Minister Han Duck-soo announced on Tuesday. During a press briefing, Han highlighted the optimistic forecasts from global rating agencies, including Goldman Sachs, which predicted a 1.8 percent growth for both nations. According to Yonhap News Agency, Han stated that South Korea and the U.S. are expected to lead in growth among advanced economies, with Britain and Japan following at 1.4 percent and 1.3 percent, respectively, as per the Goldman Sachs report. Despite these promising figures, Han expressed concerns over South Korea's potential growth rate, which is anticipated to remain below two percent, a situation unlikely to improve by 2026. Han stressed the importance of boosting the construction and tourism sectors to enhance domestic spending and consumption. When questioned about the possibility of an additional budget to stimulate domestic demand, Han clarified, "We are not at the stage to talk about a supplementary budget."

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