每日一读2014年7月高考英语考前突破 阅读理解能力 财经新闻 韩国政府拨款400亿促进经济增长.docVIP

韩国政府拨款400亿促进经济增长 South Korea has unveiled a $40bn stimulus package to help boost the economy. 韩国政府公布一项价值400亿美元的经济刺激计划以促进经济发展。 ? The funds will be used to offer financial support to small and medium-sized companies, create jobs and stimulate the property market.? ? The stimulus was unveiled the same day data showed a decline in economic activity in South Korea. ? Gross domestic product (GDP) grew 3.6% from a year earlier in the second quarter. ? That is a slowdown from 3.9% growth in the first quarter. ? Asias fourth-largest economy relies heavily on exports, which has been dragged down by a slower-than-expected recovery in global demand.? ? This is the second round of stimulus from the South Korean government. In April, it pushed through a $15bn economic stimulus plan, also to help boost growth.? ? Rajiv Biswas, Asia-Pacific chief economist from consultancy IHS says the additional fiscal stimulus package should ensure that Korean GDP growth momentum recovers in the second half of 2014.? ? The stimulus package should provide a 0.3% boost to GDP growth for 2014, he added.? ? In addition to the GDP data and the stimulus measures, South Koreas finance ministry this morning again lowered the countrys growth forecast to 3.7% from 3.9% for this year - the second revision in recent weeks. ? Ferry disaster ? Earlier this month, South Koreas central bank lowered its forecast for economic growth this year to 3.8% from 4%, citing a ferry sinking earlier in the year which dented sentiment and consumption at home.? ? In April - the Sewol ferry, carrying 476 people sank off the south coast of South Korea. The tragedy claimed the lives of more than 300 people, most of them school children. ? Mr Biswas also says the the ferry disaster in April triggered a period of deep national mourning and resulted in the cancellation of many festivals as well as tourism travel.? ? President Park Geun-hyes popularity has fallen sharply since the April disaster. Ms Park has already apologised for t