South Korea says the chance of 3% economic growth has risen sharply

FILE PHOTO: A woman fills up her car at a petrol station in Seoul, South Korea, March 9, 2026. REUTERS/Kim Hong-Ji/File Photo 06 Aug 2026 08:21AM SEOUL, Aug 6 : South Korea's Finance Ministry said on Thursday that the possibility has increased greatly of economic growth rising to the 3 per cent level for the first time

South Korea plans production tax credits and a tax-free investment account to support strategic industries and long-term domestic investment.