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Japan: METI announces additional support to companies during the 2020 fiscal year in the context of the COVID-19 pandemic (June 2020)

Description

On 12 June 2020, the Ministry of Economy, Trade and Industry (METI) of Japan allocated an additional budget of JPY 3.2 trillion (USD 30.2 billion) for the interest payment subsidy scheme to support co...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Jun 2020

Revocation date

27 Jan 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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