South Korea’s finance minister said a slowdown in economic growth is unavoidable as the government prepares to lower forecasts for this year and next amid political turmoil. The South Korean won recently hit a 15-year low, driven by uncertainty following President Yoon Suk Yeol’s brief martial law order and impeachment. Growth forecasts are expected to fall below the country’s potential rate due to heightened downside risks. The government is considering active fiscal measures, but declined to confirm plans for a supplementary budget. Authorities will collaborate with the Bank of Korea to address foreign exchange market volatility. Political uncertainty and weakening sentiment have added pressure to an already fragile economy, raising concerns over South Korea’s near-term outlook.