Global Trade Alert
Global Trade Alert

Republic of Korea: Government allocates KRW 3.8 trillion to rent relief loan program

Announcement

30 Jul 2021

On 30 July 2021, the South Korean Ministry of Economy and Finance allocated KRW 3.8 trillion toward a 'rent fee relief' loan scheme targeting Korean small and medium-size businesses.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

02 Aug 2021

Revocation date:

No revocation date

State loan In force

On 30 July 2021, the South Korean Ministry of Economy and Finance (MOEF) announced a loan scheme worth KRW 3.8 trillion (USD 3.3 billion) that targets Korean small and medium-sized businesses. The loa...

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