Finance Minister Choo Kyung-ho speaks during a virtual meeting with the International Monetary Fund in Seoul on Sept. 5, 2023. [YONHAP] The International Monetary Fund (IMF) has said Korea's latest restrictive monetary and budget policies are headed in the right direction and anticipated the economy will speed up recovery in the second half, Seoul's finance ministry said Tuesday. Harald Finger, Korea missions chief at the Washington-based organization, made the remark during a virtual meeting with Finance Minister Choo Kyung-ho, according to the Ministry of Economy and Finance.

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