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Description
On 30 May, the Korean Ministry of SMEs and Startups launched a new Small Business Loss Compensation program with a budget of KRW 23 trillion (approx. USD 18.6 billion). The program is designed to prov...
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Intervention Details
Intervention Type
Financial grant
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
30 May 2022
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
SMEs
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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