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Republic of Korea: First 2022 supplementary budget worth KRW 16.9 trillion passes at National Assembly

Description

On 21 February 2022, the Korean National Assembly passed the first 2022 supplementary budget, in which they allocated KRW 10 trillion (USD 8.3 billion) to the 2nd quarantine support subsidy, a financi...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

No implementation date

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

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interventions

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