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Republic of Korea: Government allocates KRW 8.6 trillion under Hope Loan Plus scheme targeting SMEs

Description

On 18 January 2022, the Korean Ministry of SMEs and Startups announced the allocation of KRW 4.8 trillion (USD 4 billion) in a state loan scheme for small and medium-sized enterprises, regardless of i...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Jan 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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