Announcement
30 Dec 2020
On December 30th, 2020, the Korean Government announced support to small businesses affected by COVID-19.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
11 Jan 2021
Revocation date:
29 Mar 2021
Updated: 30 Dec 2020
Financial grant
<p>On December 30th, 2020, the Korean Government announced the Small Businesses Support Fund worth KRW 4.1 trillion (USD 3.8 billion) to small and medium businesses. The funds are dispersed as c...
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Implementation date
06 Jan 2021
Revocation date:
28 Mar 2021
Updated: 30 Dec 2020
State loan
<p>On December 30th, the Republic of Korea announced the allocation of KRW 4 trillion won (USD 3.7 billion) in loans to SMEs.</p>
<p>The Government implemented the loans on January ...
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