The International Monetary Fund lowered its forecast for South Korea’s economic growth, pointing to rising headwinds facing the export-reliant nation and echoing growing concerns among economists.

South Korea should continue to normalize monetary policy to provide support for shoring up economic activity even as headline inflation is easing, the International Monetary Fund said on Wednesday.

The International Monetary Fund's (IMF) mission team to Korea lowered the 2025 growth outlook for the country to 2 percent, Wednesday, from an earlier projection of 2.2 percent by the IMF headquarters,

An International Monetary Fund (IMF) team said Wednesday that South Korea's economy is forecast to grow 2 percent next year, citing downside risks including a slowdown in trade and heightened geopolitical tensions.