Global Trade Alert
Global Trade Alert

Back to state act

Republic of Korea: Introduction of KRW 300 billion scheme to support SMEs that are faced with high interest rates

Description

On 11 March 2024, the South Korean Ministry of SMEs and Startups (MSS) launched a KRW 300 billion (USD 218.3 million) interest payment subsidy scheme to support South Korean SMEs that are faced with h...

Sign in to see full description

Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Mar 2024

Revocation date

31 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

Graph

Table

Affected Sectors

Sign in to access 0 sectors

Affected Products

Sign in to access 0 products