South Korea's Presidential Office: ”Economic growth this year will exceed the forecast of 2.2%”

The South Korean presidential office said, "It is difficult to give a forecast for economic growth this year, but we speculate that it will exceed the initially projected 2.2 percent."
"In the first quarter of this year (January to March), our economy grew at a rate lower than the previous four quarters," Song Tae-woong, the South Korean presidential office's chief policy adviser, said at a press conference on the same day.
"It grew 1.3 percent compared to the same period last year and 3.4 percent compared to the same period last year," said Director Song. "We can say that the economy has returned to a dynamic growth trajectory led by the private sector, both in terms of quantity and content."
"Growth is not fiscally led, but rather the private sector is contributing entirely to the overall growth rate, making this a situation of 'private sector-led growth.'"