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
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 cash gr...
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Implementation date
06 Jan 2021
Revocation date:
28 Mar 2021
Updated: 30 Dec 2020
State loan
On December 30th, the Republic of Korea announced the allocation of KRW 4 trillion won (USD 3.7 billion) in loans to SMEs.
The Government implemented the loans on January 6th, 2021 to help ...
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