South Korea ’ s Minister of Strategy and Finance ( MOSF ) Bahk Jae - wan hinted at a possible pruning of government - issued growth forecasts , while predicting an intact price inflation target in the absence of extreme weather . “ The government is keeping previous growth forecasts untouched for now , but we may have to come up with a more accurate figure in the near future , ” said Bahk in his guest lecture to the Seoul Financial Club on Monday . Bahk ’ s statement is seen as a tip - off regarding an upcoming government revision of growth forecasts . The Korean government had already adjusted its growth outlook downward from 5 . 0 % to 4 . 5 % in the economic policy meeting on June 30 th . However , this was before the outbreak of fiscal crises in the US and Europe , which have greatly amplified downside risks since . “ Korea ’ s economy is recovering at a sturdy rate , but we can ’ t ignore the growing downside risks , ” said Bahk . “ If the global economy fails to speed up recovery and uncertainties linger in the financial market for the long term , these factors will weigh down Korea ’ s domestic economy as well . ” On the topic of inflation and price control , Bahk believed it was possible to “ keep inflation contained within the current goal of 4 . 0 %, as long as there are no more extreme weather events . ” Bahk exuded optimism in regards to the job market , predicting “ a better performance ” than the current government goal of adding 330 , 000 new payrolls . Bahk also believed the nation will be able to reach $ 16 billion in current account surplus one way or another . [ Written by Byoung - deuk Jeon - Samji Chung / edited by Soyoung Chung ] ▶ [ 화보 ] 실격 당해 울 고 싶 은 ` 번개 ` 우사인 볼트 ▶ 불경기 의 먹구름 이 몰려온다 ▶ 미국 판 박대기 , 오물 뒤집 어 쓰 면서 도 ` 허리케인 생중 계 `▶ 손연재 ‘ 미스 토너먼트 ’ 선정 , 베를린 도 손연재 매력 에 ‘ 풍덩 ’▶ [ 아츠 포토 ] 티파니 아찔 한 초 미니 드레스 , 시선 어디 에 ~[ⓒ Maeil Business Newspaper & mk . co . kr , All rights reserved ]