South Korea's Lee urged the cabinet to raise the country's potential growth rate to 3%, citing strong 1H export performance—especially semiconductors—and rising capex; he said several forecasts show real GDP could reach 3% this year. Lee called for coordinated action to stabilise prices and the housing market and to cultivate game‑changing, high‑advantage growth engines, aiming to make this year a turning point toward 3% potential growth, top‑four trading nation status and $50,000 per‑capita inc

2026-07-14

South Korea's Lee urged the cabinet to raise the country's potential growth rate to 3%, citing strong 1H export performance—especially semiconductors—and rising capex; he said several forecasts show real GDP could reach 3% this year. Lee called for coordinated action to stabilise prices and the housing market and to cultivate game‑changing, high‑advantage growth engines, aiming to make this year a turning point toward 3% potential growth, top‑four trading nation status and $50,000 per‑capita income.