Announcement
11 Sep 2020
On September 11th, 2020, the Republic of Korea established the New Hope Fund directed toward small and medium businesses.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
23 Sep 2020
Revocation date:
28 Jan 2021
Announced: 11 Sep 2020
Financial grant
On September 11th, 2020, the Korean Government announced the New Hope Fund worth KRW 3.8 trillion (USD 3.2 billion) for small and medium businesses. The funding will be dispersed in the form of cash g...
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Related State Acts
Announced: 03 Mar 2022
Republic of Korea: Government implements KRW 2.2 trillion Compensation for Losses scheme for the fourth quarter of 2021
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