South Korea will add measures for economic conditions to its forecast cycle from 2027, when it plans to issue three growth outlooks annually, Yonhap reported Wednesday.
Finance Minister Lee Hyoung-il said the government will prepare supplementary measures when it releases a forecast. It will stop publishing a separate strategy for the second half of the year. The forecast schedule will expand from two to three a year, its first adjustment in 32 years, Lee said.
Lee outlined the plan while meeting relevant ministers to discuss the government's 2027 growth strategy. He said the strategy would seek lasting growth while narrowing disparities. He also said the government would continue its three megaprojects as part of its growth effort.
Lee said details of the 2027 strategy would be announced in December after further discussions with ministries.
