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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 more than KRW 1 trillion (USD 875 million) was allocated toward recompensating small and medium busi...

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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

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Affected Products

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