Business

South Korea faces tough days ahead

South Korea faces tough days ahead

By South Korea faces tough days ahead

SEOUL: Prolonged political uncertainty over the impeachment of President Roh Moo-hyun could stall economic recovery in South Korea, the Bank of Korea warned on Tuesday. 'There are concerns about a delay in the economic recovery and improvement in employment due to contracted consumption and investment and insecurity in the economic sector,' the nation’s central bank said in a statement. — AFP