Announcement
03 Mar 2021
On 3 March 2021, the South Korean Ministry of Economy and Finance announced various support measures as a result of COVID-19.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
03 Mar 2021
Revocation date:
No revocation date
Loan guarantee
In force
On 3 March 2021, the Ministry for SMEs and Startups allocated KRW 2 trillion (USD 1.7 billion) in loan guarantees for Korean small and medium-sized businesses to help them digitalize their operations....
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Implementation date
31 Dec 2020
Revocation date:
No revocation date
Tax or social insurance relief
In December 2020, the South Korean Ministery of Land, Infrastructure, and Transportation announced that KRW 45.7 billion (USD 38.5 million) would be reserved toward an existing scheme which supports t...
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