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Republic of Korea: Government allocates KRW 1.7 trillion to loan schemes targeting SMEs

Description

On 24 November 2021, the Korean Ministry for SMEs and Startups allocated KRW 500 billion (USD 421 million) to a state loan scheme targeting all small and medium-sized enterprises, regardless of the se...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Nov 2021

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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