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South Korea sees no extra budget for economy after MERS outbreak
June 8, 2015 / 2:36 AM / 2 years ago

South Korea sees no extra budget for economy after MERS outbreak

SEOUL (Reuters) - South Korea said on Sunday it has no plan yet to draw up a supplementary budget to help stop the outbreak of the Middle East Respiratory Syndrome (MERS) from damaging Asia’s fourth-largest economy, already struggling to keep up a recovery.

Flight passengers from Busan, South Korea, receive a temperature check upon their arrival at Hong Kong Airport in Hong Kong, China June 5, 2015. REUTERS/Bobby Yip

Deputy Prime Minister Choi Kyung-hwan, who is also finance minister, said during a televised news conference that the impact on the overall economy from the illness was not serious enough to talk about a supplementary budget for stimulus.

Reporting by Choonsik Yoo

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