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Republic of Korea: KRW 13.8 trillion supplementary budget passed by National Assembly

Description

On 1 May 2025, the Republic of Korea's National Assembly approved a supplementary budget to address economic challenges at a national level. Among others, KRW 2.1 trillion (USD 1.5 billion) will addit...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

No implementation date

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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