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Republic of Korea: Second 2021 supplementary budget worth KRW 34.9 trillion passes at National Assembly

Description

On 24 July 2021, the Korean National Assembly passed the 2021 second supplementary budget, in which KRW 4.2 trillion (USD 3.6 billion) was allocated to the Hope Recovery Fund, a financial grant scheme...

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Intervention Details

Intervention Type

Financial grant

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

SMEs

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

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