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Global Trade Alert

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South Africa: The IDC announced a ZAR 500 million Flood Relief Fund

Description

On 28 April 2022, the Industrial Development Corporation (IDC) announced the allocation of ZAR 400 million (USD 24 million) to provide loans under the Flood Relief Fund The fund counts with a budget o...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Apr 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

location-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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