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Description
On 27 October 2021, the Republic of Korea launched the KRW 2 trillion (USD 1.7 billion) Compensation for Losses program, a financial grant scheme that supports Korean small and medium-sized businesses...
Intervention Details
Intervention Type
Financial grant
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
27 Oct 2021
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
SMEs
Affected Sectors
Affected Products
See all
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