Global Trade Alert
Global Trade Alert

Republic of Korea: MOEF holds fifth 'Crisis Management Policy' meeting - support measures targeting 'basic industries' announced

Announcement

22 Apr 2020

April 22nd, 2020 - The South Korean government announced a series of new support measures in response to COVID-19.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

22 Apr 2020

Revocation date:

No revocation date

State loan In force

On April 22nd, 2020, the South Korean Ministry of Economy and Finance held its fifth 'Crisis Management Policy' meeting, wherein a raft of measures to support the Korean economy in the midst of the CO...

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State loan In force

In addition to the large-scale firm bailout funding agreed by the South Korean Ministry of Economy and Finance (MOEF) on April 22nd, 2020, it was also agreed to boost the amount of financial support t...

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