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Description
On 3 March 2022, the Republic of Korea launched the KRW 2.2 trillion (USD 2 billion) Compensation for Losses program, a financial grant scheme that supports Korean small and medium-sized businesses. T...
Intervention Details
Intervention Type
Financial grant
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
03 Mar 2022
Revocation date
28 Mar 2022
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
SMEs
Affected Sectors
Affected Products
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