South Korea to review fiscal policy tools for growth

SEOUL: South Korea's finance minister said on Friday his ministry would actively review available fiscal tools to support growth as external uncertainties at home and abroad may put a dent in recovery momentum.

"While there are limits (to what the government can do), we will actively look into it," Yoo Il-ho told reporters in Seoul when asked if the ministry needed to boost fiscal spending.

He was speaking following a parliament vote to impeach President Park Geun-hye over an influence-peddling scandal. Yoo said political uncertainty created by the push to impeach Park would hurt overall sentiment in the economy.