The International Monetary Fund has lowered its 2018 economic growth forecast for South Korea from three percent... to two-point-eight percent. <br /> In its World Economic Outlook report, the IMF also pulled down its outlook for the nation's economic growth rate next year... to two-point-six percent, down zero-point-three percent from its original forecast.<br />The world economic growth rates for this year and next were also lowered by zero-point-two percent due to trade conflicts, and risks from unstable financial markets in emerging countries.<br />The IMF advised countries to expand their financial resources and base their monetary policy on their individual circumstances. <br />
