South Korea · General

Gov't cash handouts estimated to have created 2.8 trillion won in additional sales

· By Kim Boram
Story summary

SEOUL, June 10 (Yonhap) -- The government's 13.5 trillion won (US$8.9 billion) in cash handouts is estimated to have created an additional 2.8 trillion won in sales and contributed 0.12 percent to the country's economic growth last year, a central bank report showed Wednesday.

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